The Kayan Cascade Hydroelectric Power Plant (PLTA) located in North Kalimantan is said to be the largest hydropower plant in Southeast Asia because it will use an area of more than 2,600 hectares and five dams to generate 9,000 MW of electricity. The development of this hydropower plant has been discussed since 2011, with initial cooperation with investors from China. However, there is not much news about the progress of the project until in early October 2022, when the initiator of the PLTA Kayan, PT Kayan Hydro Energy (PT KHE) signed a construction agreement with Sumitomo Corporation. PT KHE at the time claimed to already have the necessary permits, but in October last year, the company filed two lawsuits against the Minister of Agrarian Affairs or the Head of the National Land Agency. Recently, we learned that the lawsuits were granted and the court annulled the decision made by the Minister. This decision seems to have boosted PT KHE’s confidence and this week the company has filed two new lawsuits, still against the Minister.

PT Garuda Indonesia (Persero) Tbk has gone through sad years. The flag carrier finally was able to catch some breath just recently after they managed to resolve the debt restructuring process (PKPU) with a peace agreement although there was a small obstacle. Two of...

In November 2021, Singapore-based Investment Opportunities V Pte Limited filed a lawsuit against two parties, including PT Supermal Karawaci. The former demanded the two parties restructure their debts in a period of Suspension of Debts Payment (PKPU). On Jan. 13,...

It's been over a year since businessman Surya Darmadi, owner of Duta Palma Group, returned to Indonesia and turned himself in to the Attorney General's Office (AGO). The AGO alleged Surya of committing corruption which caused State losses amounted to over Rp70...

Five years ago, the former chairman of Indonesia Bank Restructuring Agency (IBRA/BPPN), Syaf Temenggung, was named a suspect by the Corruption Eradication Commission (KPK) for the issuance of release and discharge letter to tycoon Sjamsul Nursalim (Gajah Tunggal...

Over the past ten years, PT Citra Sari Makmur (PT CSM), a company founded by Subagio Wirjoatmodjo, has continuously faced legal problems. The last time we reported on the company’s legal issue was in 2019. The situation has worsened due to the pandemic. However, the problem with PT CSM is not the only thing that Subagio has to worry about. Recently, a familiar opponent filed a lawsuit against Subagio and two of his companies, seeking to force the parties into bankruptcy.

Despite the objections and obstacles, the Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI) continues doing its job. Even though the process is no longer a public concern, in recent days the Satgas has continued to summon...

Towards the end of last year, we reported on the business dispute involving companies under the CT Corp and Gudang Garam business group which took place far from the media spotlight. This dispute has been examined for more than a year at the Sidoarjo District Court....

The Corruption Eradication Commission (KPK) announced that it was carrying out an investigation into allegations of corruption related to the procurement of building materials of transport vessels at the Ministry of Defense. There is no detailed information regarding this case yet, even though the KPK stated that it had named a suspect, however, from several examinations of witnesses conducted in the several weeks, there is a strong suspicion that this case is related to a State-owned Enterprise (BUMN). The name of the company is very familiar to us because one of the company’s officials reported allegations of extortion by several prosecutors several years ago. What a mess.