Time Extension for Satgas BLBI

President Joko “Jokowi” Widodo has officially extended the term of office of the Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI) through a Presidential Decree (Keppres). This decision is not surprising considering that the Satgas, even though it has worked well, has not succeeded in achieving the specified target within the specified time period. Of the more than Rp110 trillion in receivables that had to be settled, the Satgas only managed to “collect” around Rp30 trillion. With additional time until the end of 2024, can the Satgas improve its performance?

The AdaKami Effect: Development

The Business Competition Supervisory Commission (KPPU) is still continuing to carry out investigations into alleged violations in information technology-based money lending and borrowing services. Since the investigation was carried out starting Oct. 25, 2023 until now, the investigation task force has sent written requests for data and documents to all peer to peer (P2P) lending companies that have permission from the Financial Services Authority and have received responses from 48 P2Ps.

Corruption Journal

Towards the end of 2023, several corruption cases are also nearing their end. In the trial of the bribee in the case of corruption involving officials of the Directorate General of Railways at the Ministry of Transportation, recently the KPK prosecutors read out their...

2024 Legal Outlook : PKPU and Bankruptcy

Even though the Indonesian Government has recorded good economic performance when compared to many other countries, the economic conditions in the country have not completely improved. A lot of business actors are still struggling to get out of the remaining problems...

Budi Said v Aneka Tambang : Latest Decisions

Nearly three years ago we reported that the Panel of Judges of the Surabaya District Court granted the tort lawsuit filed by one Budi Said against PT Aneka Tambang (Persero) Tbk (ANTM). The State-owned company was ordered to compensate for the losses Budi claimed...

Road to 2024 Election : Revisiting Harun Masiku Case

Nearly four years ago the Corruption Eradication Commission (KPK) uncovered a case of corruption which later ensnared then Commissioner of the General Election Commission (KPU), Wahyu Setiawan. Wahyu was found guilty of abusing his authority and received grafts. At...

Asset Recovery after the Death of Lukas Enembe

Lukas Enembe, the disgraced governor of Papua, who was convicted in a case of bribery and graft, passed away a day after Christmas. This news gave rise to a lot of criticism at the Corruption Eradication Commission (KPK) from Lukas’ supporters, especially since from the start many believed that the KPK was the cause of Lukas’ worsening condition. However, apart from concerns about conditions in Papua, we are more concerned about asset recovery efforts in this case. Lukas should be tried on suspicion of money laundering with the KPK’s efforts to recover State losses. How will this legal process proceed?

Latest on the Basarnas Scandal

Back in July 2023 the Corruption Eradication Commission (KPK) uncovered a case of alleged corruption which caused an unexpected drama. The operation was conducted related to an alleged corruption in a project belonging to the National Search and Rescue Agency (Basarnas), then the KPK officially named five suspects in this case, including the Chief of Basarnas, Air Marshal Henri Alfiandi. The TNI then caused a commotion and protested the KPK’s decision because two suspects were active military officers. After facing backlash from the public, the situation calmed down a bit and the two institutions agreed to work together. Unlike the eventful revelation, trial of the civil suspects started and continues far from media coverage. Last week, the three defendants were found guilty.

Legal Issues on Infrastructure Projects

Last year, the Corruption Court at the Padang District Court in West Sumatera acquitted 13 defendants in a case of alleged corruption related to the land acquisition process for the toll road construction project. This is ironic considering that the province is the province that most opposes the development carried out by President Jokowi. Far from media coverage, several months ago the Supreme Court overturned the decision and convicted some of the defendants. This means, according to the Supreme Court, corruption really has taken place. This week, we learned that all 13 defendants have been found guilty.

On Corruption in Meranti Islands : The End?

Meranti Islands Regent, Muhammad Adil, who has been in the headlines some time ago because of an argument with the Ministry of Finance, has recently been found guilty of corruption. The case is interesting because Adil accused the Ministry of Finance of being filled with demons, however, when the Ministry of Finance is in the spotlight earlier this year, it turns out that Muhammad Adil isn’t exactly a good person either.

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