BCA v. Jakub Sugiarto Sutrisno
The land certificate forgery dispute of PT Bank Central Asia Tbk (BCA) against Jakub Sugiarto Sutrisno and two of his legal representatives Timotius Tumbur Simbolon and Jemmy Mokolensang continues. Jakub was found guilty in 2015, but the trial against Timothy and Jemmy is still ongoing. This is a very convoluted case.
Kutilang Paksi Mas Escaped Bankruptcy
PT Kutilang Paksi Mas (KPM) can end their period of Suspension of Debt Payment (PKPU) peacefully after the the majority of the Company’s creditors accepted their peace proposal. The presiding judge Judge Tito Suhud made the announcement on March 3, 2016. In their last meeting, 86% of separatist creditors and 86.4% of the concurrent creditors accepted the peace proposal.
Awaiting the Ending of AGO vs Hary Tanoe in Mobile-8 Case
A year has passed since the Attorney General’s Office (AGO) began investigating the fraudulent tax restitution case of PT Mobile-8 Telecom Tbk (Mobile-8)—a case that happened when the company was still under PT Global Mediacom Tbk (BMTR), a subsidiary of PT Bhakti Investama Tbk (currently known as PT MNC Investama Tbk – BHIT) whereas Hary Tanoesoedibjo is the majority shareholder. Last week, the AGO said they would soon examine the media mogul Hary Tanoe in his capacity as a witness to the case. But until today that hasn’t happened.
The IPDN Building & Corruption
The Ministry of Home Affairs must once again face allegation of corruption. This time, the Corruption Eradication Commission (KPK) has named two suspects allegedly involved in abusing the procurement process for the construction of the Institute of Public Administration’s (IPDN) faculty building in Agam, West Sumatra.
Updates on the Hotel Indonesia Case
The investigation into alleged corruption in the implementation of the cooperation contract between PT Hotel Indonesia Natour (HIN), PT Citra Karya Bumi Indah (CKBI), and PT Cipta Karya Bersama (or PT Grand Indonesia) continues. As of last week, the Attorney General’s Office (AGO) investigation team had question several important officials as witnesses.
The End of SMS Cartel?
The eight-year-old case on alleged cartel practices in determination of short message service (SMS) rates entered a new phase. On February 29, 2016 the Supreme Court (MA) finally received the appeal filed by the Business Competition Supervisory Commission (KPPU). The 5 companies who were found guilty of conducting cartel practices are required to comply with the punishment given by the KPPU.
New Suspects in Damayanti’s Case
The examination of the bribery case related to the Trans-Seram road project in the Ministry of Public Works and Public Housing (Kemen-PUPR), involving the member of the House Commission V of the House of Representatives Damayanti Wisnu Putranti of PDI-P, continues. The Corruption Eradication Commission (KPK) has named two new suspects.
The T-Tower Case, Tri Wiyasa and the AGO’s Weak Performance
The Corruption Court in Bandung acquitted the former Head of the General Division of PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (BJBR) Wawan Indrawan, the main suspect in the fraudulent procurement of office space in the T-Tower building. On March 1, 2016 the South Jakarta District Court granted the pre-trial petition filed by the other suspect in the case mentioned, namely the Director of PT Comradindo Lintasnusa Perkasa (CLP) Tri Wiyasa.
Riau Forest Conversion Case Continues
The investigators at the Corruption Eradication Commission (KPK) raided the residence of Edison Marudut Marsadauli Siahaan on March 1, 2016. Edison, who is a businessman and a cadre of the Democratic Party, is involved in the bribery case related to the conversion of forest land that had ensnared the disgraced Governor of Riau Annas Maamun.
Kutilang Paksi Mas’ PKPU, Tanri Abeng & Energy Reform
Kutilang Paksi Mas has submitted their peace proposal to escape bankruptcy filed by two of its creditors, namely HSBC Indonesia and Citibank NA. The case is interesting for lots of reasons, including politics and policy making in energy sector, and efforts from energy and mineral resources ministry to reform the industry.