Petroselat Ltd, the subsidiary of PT Sugih Energy Tbk (SUGI) is facing a bankruptcy lawsuit filed by its two cooperation partners PT Richland Logistics Indonesia and PT Sentosasegara Mulia Shipping. The lawsuit was filed at the Commercial Court of the Central Jakarta District Court and will enter the second hearing on May 4, 2016.

Panghegar Group’s two subsidiaries, PT Panghegar Kana Properti and PT Hotel Panghegar, officially entered their period of temporary Suspension of Debts Payment (PKPU), after the Panel of Judges of the Commercial Court of the Central Jakarta District Court decided to grant the two PKPU petitions filed by PT Bank Bukopin Tbk (BBKP).

The Corruption Eradication Commission (KPK) requested a travel ban on Eddy Sindoro, chairman of PT Paramount Enterprise International, who was once a commissioner at Lippo Karawaci of the Lippo Group. The KPK is set to examine Eddy Sindoro in connection with the case that followed after the arrest of Doddy Aryanto Supeno, the suspected broker who was caught-in-the-act bribing an official of the Central Jakarta District Court.

The corruption investigation in Musi Banyuasin, South Sumatera continues. The subject of scrutiny is the Regent’s 2014 Accountability Report and 2015 Draft of Regional Budget. On April 26, 2016 the Corruption Eradication Commission (KPK) detained 6 members of the Regional Representatives Council (DPRD) who have since been named as the latest suspects in the case. To date, the KPK has named 16 suspects, 4 of whom had been convicted.

The Ministry of Transportation issued a Minister Regulation (Permenhub) No. 32/2016 that regulates the management of transportation not registered on any routes. This regulation is the answer to the cry for the legal basis and the protection of technology-based (mobile applications based) transportation services. But apparently, several representatives of apps-based transportation riders/drivers had already filed a citizen lawsuit before the release of the regulation.

A state-owned enterprise (BUMN) focused on the business of financing the maritime sector, PT Pengembangan Armada Niaga Nasional (PANN) Pembiayaan Maritime (formerly known as PT PANN Maritime Finance), has been the subject of scrutiny in connection with a corruption investigation. Allegations of corruption emerged after PT Meranti Maritime and PT Meranti Bahari (Meranti Group’s subsidiaries) both are PANN’s debtors, recently entered their period of Suspension of Debts Payment (PKPU).

Another State-Owned Enterprise (BUMN) is hit by allegations of corruption. The Corruption Eradication Commission (KPK) has been investigating PT Berdikari (Persero) related to the procurement of fertilizer. To date, the anti-graft commission has named three suspects.

Panghegar Group’s business condition is unlikely to recover soon. One of its subsidiary PT Panghegar Kana Legacy is facing the Suspension of Debts Payment (PKPU). One of the Company’s creditors PT Bank Bukopin Tbk (BBKP) reportedly filed two more PKPU lawsuits against two of the group’s subsidiaries.

The Corruption Eradication Commission (KPK) continues to investigate the Ministry of Public Works and Public Housing (Kemen-PUPR)’s Trans-Seram road project. The anti-graft commission recently named 2 new suspects. With this development, the case has ensnared 7 suspects thus far.