The Insolvency of Suharli Malaya
PT Suharli Malaya Lestari (SML), a garment company based in West Java, is officially bankrupt after the petition for cancellation of peace agreement submitted by PT Bank J Trust Indonesia Tbk was granted by the Commercial Court of the Central Jakarta District Court.
Sheraton Group Won Trademark Disputes
The trademark dispute between one of the world’s largest hotel chain, the Sheraton Group, against Australia-based Staywell Hospitality Group Ptd Ltd and Indonesian company PT Graha Tunas Mekar is finally over. The dispute that took shape into two separate lawsuits were won by the Sheraton Group. As a result, the two disputed brands are declared to be canceled from the registration list of brands in Indonesia.
Aguan & Tommy: The Untouchables?
There were conflicting reports about status of Sugianto Kusuma AKA Aguan, owner of Agung Sedayu Group and main partner of Tommy Winata in Artha Graha Group, in the bribery case already dragging down president director of Agung Podomoro Land (APLN) and Gerindra Politician.
Damayanti’s Case: Indictment for Abdul Khoir
The President Director of PT Windhu Tunggal Utama Abdul Khoir, who was caught red-handed bribing the member of the House Commission V of the House of Representatives Damayanti Wisnu Putranti of PDI-P, has gone through his first indictment hearing. In the hearing held at the Corruption Court of the Central Jakarta District Court, Abdul Khoir was charged with bribing 4 members of the House Commission V and 1 official of the Ministry of Public Works and Public Housing with the total bribe amount reaching Rp38,51 billion.
Bankruptcy Journal: Sariwangi v. Former Legal Counsel
PT Sariwangi Agricultural Estate Agency (Sari Wangi AEA Co Ltd – Sariwangi) is once again threatened with bankruptcy after its former legal counsel from Legisperitus law office filed a lawsuit to cancel the Company’s peace agreement. As it turns out, Sariwangi have not yet settled the payment of legal services after the company successfully escaped the stage of Suspension of Debts Payment (PKPU) as of September 2015. Legisperitus Lawyers demanded for the cancellation of the peace agreement with the expectation that Sariwangi would be declared bankrupt.
Corruption in Brantas Abipraya
On March 31, 2016 the Corruption Eradication Commission (KPK) conducted two Caught-in-the-act Operations (OTT), one of which was against the bribery attempt allegedly made by PT Brantas Abipraya (Persero). In this OTT, the KPK arrested three individuals: two executives of Brantas Abipraya and an intermediary. Interestingly enough, the KPK did not arrest any recipient of bribe.
The Arrest of Sanusi & the North Jakarta Reclamation Project (Part I)
The Corruption Eradication Commission (KPK) arrested several people, including the member of the Jakarta Regional Representatives Council (DPRD Jakarta) Mohamad Sanusi of Gerindra, during a caught-in-the-act (OTT) operation conducted on March 31, 2016. A day later the President Director of PT Agung Podomoro Land Tbk (APLN) Ariesman Widjaja surrendered to the KPK after he was accused of being the briber.
The Arrest of Sanusi & the North Jakarta Reclamation Project (Part II)
The arrest of Gerindra politician Mohamad Sanusi in connection with the reclamation of island off of the coast of Jakarta could well be one of the biggest cases the Corruption Eradication Commission (KPK) has ever handled. After Sanusi and several employees of PT Agung Podomoro Land (APLN) were arrested, the boss of APLN Ariesman Widjaja surrendered himself to the KPK. And in matter of days, the KPK asked the immigration office to impose a travel ban on the boss of Agung Sedayu Group Sugianto “Aguan” Kusuma. Will the KPK go after even more big names after this?
Gatot Pujo Nugroho’s Graft Case: Indictment for the North Sumatera DPRD
The trial against the 5 members of the Regional Representatives Council (DPRD) of North Sumatera, who allegedly received bribes from the disgraced Governor of North Sumatera Gatot Pujo Nugroho, has begun. The prosecutor from the Corruption Eradication Commission (KPK) read out the charges on the five suspects. None of the defendants objected.
More from the Driving Simulator Graft Case
The new Corruption Eradication Commission (KPK) leadership continues to demonstrate their commitment to resolve old cases that are still pending. On March 28, 2016 the KPK arrested the Director of PT Inovasi Teknologi Indonesia Sukotjo Sastronegoro Bambang after has was named a suspect 4 years ago in the fraudulent procurement of driving simulator at the Traffic Unit (Korlantas) of the National Police’s Headquarter.