Updates on the PKPU of Trikomsel
The process of Suspension of Debts Payment (PKPU) for PT Trikomsel Oke Tbk (TRIO) is still ongoing. Though the company has revised its peace proposal several times, the creditors still consider the proposal flawed. One of the most powerful party voicing the rejection is the Creditor Committee of Bondholders.
La Nyalla No Longer A Graft Suspect?
The Chairman of the Football Association of Indonesia (PSSI) La Nyalla Mattalitti filed a pre-trial lawsuit against the East Java High Court for declaring the former a graft suspect. On April 12, 2016, the Surabaya District Court granted this lawsuit and eventually declared La Nyalla’s suspect status null and void. But the High Court has refused to budge.
Sumber Waras Case (Part III)
In December 2015 the Supreme Audit Agency (BPK) submitted the result of their audit of the Provincial Government of Jakarta’s purchase of land owned by the Yayasan Kesehatan Sumber Waras (YKSW). BPK concluded that Governor Basuki Tjahaja “Ahok” Purnama had violated laws and regulations, causing Rp191 billion in losses to the State.
Sumber Waras Case (Part II)
When the Jakarta Government, under the leadership of Governor Basuki Tjahaja “Ahok” Purnama, bought a piece of land from Yayasan Kesehatan Sumber Waras (YKSW), problems ensued. the Supreme Audit Agency (BPK) conducted an investigation of the purchase, which later wreaked a political havoc at the Regional Representatives Council (DPRD) of Jakarta. Allegations of corruption emerged, and Ahok became the prime target of smear campaigns. The case was eventually picked up by the Corruption Eradication Commission (KPK), but to date, details on the case remain blurred by the tsunami of political maneuvering. What really happened in that land purchase transaction?
Sumber Waras Case (Part I)
The Corruption Eradication Commission (KPK) are questioning the Governor of Jakarta Basuki Tjahaja “Ahok” Purnama today as a witness in the allegation of corruption in the purchase of land owned by the Yayasan Kesehatan Sumber Waras (YKSW). There are those who believe that Ahok engineered the allegedly problematic purchase. But as of March 10, 2016 the KPK told the press that they were yet to find indication of corruption in this case. According to the Chairman of the KPK Agus Rahardjo, all 5 KPK leaders agreed on that assessment.
Discrimination in Garuda Indonesia
The Industrial Relations Court (PHI) at the Central Jakarta District Court decided to side with the 33 flight attendants of PT Garuda Indonesia (Persero) Tbk (Garuda Indonesia), who were forced to retire because of the Company’s new policy on retirement age. The verdict was read on March 7, 2016, and so said flight attendants should be immediately reinstated into their positions, but to date, Garuda has not yet followed the verdict.
Merpati Escaped Bankruptcy and PKPU
PT Merpati Nusantara Airlines (Persero) (Merpati) finally managed to avoid the bankruptcy lawsuit filed by its employees and former employees. The Panel of Judges of the Commercial Court of the Central Jakarta District Court decided to reject the bankruptcy petition on April 7, 2016. On March 8, 2016, the Panel of Judges also rejected the lawsuit on Suspension of Debts Payment (PKPU) from one of the Company’s creditors.
PKPU for Geo Cepu Indonesia
PT Geo Cepu Indonesia (Geo Cepu) is facing a lawsuit on Suspension of Debts Payment (PKPU) filed by one of its partners PT Trista Multi Kencana (Temka). The lawsuit is the second lawsuit filed by Temka.
Legislative Journal: Perpres No. 62/2016
The Presidential Regulation (Perpres) No. 19/2016 was released on March to amend the Perpres No. 12/2013 on Health Insurance. The Government wanted to refine the existing implementing regulation for the Country’s Universal Health Insurance scheme. But Perpres 19/2016 harvested plenty of rejections as soon as it was released because, among other things, it increased the amount of the premium that freelance workers have to pay. The Government swiftly reacted to the protests and it eventuated with President Joko “Jokowi” Widodo signing yet another amendment stated in Perpres No. 62/2016.
Hary Tanoe & Mobile-8 Case: Another Call from the AGO
On Wednesday (April 6), the Attorney General’s Office (AGO) summoned the media mogul and Chairman of Perindo Party Hary Tanoesoedibjo for another round of questioning. It was supposed to be the second questioning round for Hary Tanoe in relation to the AGO’s investigation into the fraudulent tax restitution of PT Mobile-8 Telecom Tbk (Mobile-8), which was a subsidiary of Hary Tanoe’s MNC Group. Unfortunately, Hary Tanoe did not go to the questioning session, instead he asked the AGO to delay the session to another day.