Update on TPPI’s Case
Almost a year has passed since the National Police’s Criminal Investigation Unit (Bareskrim Polri) began their investigation into allegations of corruption and money laundering involving PT Trans Pacific Petrochemical Indotama (TPPI), PT Pertamina (Persero), and BP Migas (now Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi — SKK Migas). Where are they now with this investigation?
On Jero Wacik’s Prosecution
The Corruption Court of the Central Jakarta District Court heard the demand of the public prosecutors on Jero Wacik’s graft case on January 21, 2016. The Corruption Eradication Commission (KPK) prosecutors demanded 9 years in prison and a fine of Rp350 million subsidiary 4 months in prison for Jero, and to that Jero noted his objection.
Asmin Koalindo’s PKPU & Borneo Lumbung
PT Asmin Koalindo Tuhup (AKT), wholly-owned subsidiary of the troubled company PT Borneo Lumbung Energi & Metal (BORN), has on January 18, 2016 submitted a petition for voluntary Suspension of Obligation for Payment of Debts (PKPU) to the Commercial Court of the Central Jakarta District Court. On January 20, the court granted the petition for AKT’s Temporary PKPU.
Revisiting the PKPU of AAA Investment
PT Andalan Artha Advisindo Investment (AAA Investment) seems not wanting to linger on their period of Suspension of Debt Payments (PKPU). It hasn’t been a month after the company and the PKPU administrating team finished collecting the records of the total bill of debts they have, now the company reportedly has submitted the peace proposal to the creditors. The investment company ensures that its debts to all creditors will be paid.
AGO vs Hary Tanoe in the Mobile-8 Tax Restitution Case
The case involving the former Speaker of the Parliament Setya Novanto is not the only big scandal that the Attorney General’s Office (AGO) is handling. Another equally scandalous case is the fraudulent tax restitution of PT Mobile-8 Telecom Tbk (Mobile-8) implicating media mogul Hary Tanoesoedibjo, who was the Director of Mobile-8 when the fraud happened.
The End for Dermawan Ginting?
On January 20, 2016 the Corruption Court of the Central Jakarta District Court read their verdict on the graft case involving the Judge of the Medan Administrative Court (PTUN Medan) Dermawan Ginting. Dermawan is one of the three judges who received bribes from the senior advocate Otto Cornelis Kaligis.
Continuation of the Yayasan Supersemar Case
The Yayasan Supersemar (or Supersemar Foundation) finally attended the aanmaning hearing (a hearing held after a warning (aanmaning) was given to the plaintiff to follow the verdict). The Foundation must surrender their assets. But the Yayasan Supersemar once again asked the court to suspend execution.
KPK Answers Lino’s Charges
On January 19, 2016 the Corruption Eradication Commission (KPK) presented their side of the argument in the pre-trial of the Quay Container Crane (QCC) graft case involving the former President Director of PT Pelabuhan Indonesia II (Persero) (Pelindo II) Richard Joost Lino. The newly-elected Deputy Chairwoman of KPK Basaria Panjaitan was present at the hearing.
The Squabble Over KPK’s Armed Raid Continues
A political commotion has followed after the Deputy Speaker of the House of Representatives Fahri Hamzah protested the manner in which the Corruption Eradication Commission (KPK) conducted its raid in the Parliament building. KPK investigators raided several lawmakers offices in connection with the graft case involving PDI-P lawmaker Damayanti Wisnu Putranti. In the process of which, KPK investigators came with armed escorts from the Police’s Mobile Brigade (Brimob). Fahri found this to be insulting, and his antics in front of KPK investigators went viral on the internet. The leaders of the DPR sided with Fahri, and have reportedly demanded a session with the relevant authorities.
The Insolvency of Wirajaya Packindo
PT Wirajaya Packindo is officially bankrupt. The bankruptcy status should be accepted since the petition for an extension of time on the process of Suspension of Payment (PKPU) filed by the company was rejected by the creditors.