The Benoa Bay Reclamation and Overlapping Regulations
News has emerged that the holder of the permit for the reclamation of Benoa Bay, PT Tirta Wahana Bali Internasional (TWBI) owned by tycoon Tomy Winata, has applied for license renewal to the Minister of Marine and Fisheries Susi Pudjiastuti.. There’s always been a strong opposition towards the reclamation plan coming from various elements of the Balinese civil society, but the licensing issue involved is anything but straightforward, which would explain why the Government has appeared slow to respond to the development.
Sanusi & Money Laundering
The investigation into the bribery involving the former member of the Jakarta Regional Representatives Council (DPRD Jakarta) Mohamad Sanusi and the President Director of PT Agung Podomoro Land Tbk (APLN) Ariesman Widjaja has led to a new case. The Corruption Eradication Commission (KPK) named Sanusi as a suspect in a money laundering investigation on June 30, 2016. Some of Sanusi’s assets have been seized, but until today the KPK continues to develop their case.
Plans to File Judicial Review against the Tax Amnesty Law
The passage of the Tax Amnesty Bill has not been entirely accepted. Several institutions have already revealed their plan to seek a judicial review against the newly passed Law at the Constitutional Court (MK).
Solaris Prima v. Syariah Mandiri and Kutilang Paksi Mas: Closure
The dispute concerning breach of contract between PT Bank Syariah Mandiri (BSM) and PT Solaris Prima Energy (Solaris), the subsidiary of UNIPEC Singapore Pte Ltd with China Petroleum & Chemical Corporation (Sinopec), ended with a defeat for Solaris. The Panel of Judges at the Central Jakarta District Court concluded that Solaris could not prove their claim.
After the Passage of the Tax Amnesty Law, What Are the Next Steps?
The House of Representatives (DPR) has passed the Tax Amnesty Bill into Law. The Government is now eager to reap the benefits. But they still have a lot to do. For after a passage of a law, implementing regulations must be issued. The key question now is whether the implementing regulations can be released in time so as to make sure that the Government will be able to handle the impact from the Tax Amnesty program. Let’s not forget that the Government had factored in tax revenue from the program in the amount of Rp165 trillion into the revised 2016 budget. Coming in short with that kind of target will reflect poorly on the Government.
Another Bribery Case Involving the Central Jakarta District Court
On June 30, 2016 the Corruption Eradication Commission (KPK) conducted a Sting Operation (OTT) and captured a registrar of the Central Jakarta District Court Muhammad Santoso and an advocate transacting in bribe. A day later, the KPK named 3 suspects in the case and revealed that Santoso had received bribes from the legal counsel of a mining company in return for his assistance in civil case related to default and breach of contract.
The Procurement of A Problematic Parcel of Land in West Cengkareng
The Jakarta Governor Basuki “Ahok” Tjahaja Purnama still has a handful of issues confronting him—the biggest one of all is the controversial Jakarta Bay Island Reclamation project. But in last week, Ahok was once again confronted with a scandalous land procurement case. This time, the problematic parcel of land is located in West Cengkareng, West Jakarta. The 4.6 hectare-plot of land was bought for the construction of public housing flats. The Jakarta Housing Department spent Rp648 billion to buy the parcel of land from the supposed civilian owner, but it later turned out that the land actually belonged to the Department of Marine, Agriculture and Food Security (DKPKP) of the Jakarta Administration.
Lippo Group, Its Subsidiaries, and A Bribe Case: Questions
Doddy Arianto Supeno, an employee of Lippo Group’s subsidiary PT Artha Pratama Anugerah (APP) was caught bribing the Registrar of Central Jakarta District Court Edy Nasution. We’ve talked about the indictment in the first part of this article. Herein we’d like to explore some questions related to the case, such as why did the Chairman of PT Paramount Enterprise International (PEI) Eddy Sindoro took the initiatives to give bribes just to file for a Reconsideration (PK) on the case of bankruptcy involving AcrossAsia Ltd and its own subsidiary PT First Media Tbk (KBLV). What exactly going on?
Lippo Group, Its Subsidiaries, and A Bribe Case
The trial of Doddy Arianto Supeno, an employee of the Lippo Group’s subsidiary PT Artha Pratama Anugerah (APP) that was caught handing bribes to the Registrar of the Central Jakarta District Court Edy Nasution, was held on June 29, 2016. At the first hearing, the Prosecutors of the Corruption Eradication Commission (KPK) indicted Doddy along with 4 executives of Lippo Group’s subsidiaries for bribing Edy.
On Bankruptcy and PKPU against State-Owned Enterprises
In April 2016, the Commercial Court of the Central Jakarta District Court rejected the petition for bankruptcy and Suspension of Debts Payment (PKPU) against PT Merpati Nusantara Airlines (Persero) (Merpati) that was filed by its former employees and one of its creditors PT Prathita Titian Nusantara. The Commercial Court declared the lawsuit unacceptable because the Court was of the opinion that the the authority with the right to file for bankruptcy or PKPU against a State-Owned Enterprise (BUMN) rested only with the Minister of Finance. If that’s the case, when a BUMN fails to perform its obligations, what legal remedy can said BUMN’s creditor(s) seek?