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View all search resultsThe Corruption Eradication Commission (KPK) has said it would hand over a case centering on the procurement of the Google Cloud service to the Attorney General’s Office (AGO), while hoping in return to secure another high-profile case from the AGO.
Several private companies, including Garibaldi "Boy" Thohir's Adaro Energy, have been dragged into the spotlight after prosecutors charged PT Pertamina and its subsidiary, PT Pertamina Patra Niaga (PPN), with corruption that allegedly cost the state trillions of rupiah. The case centers on the underpricing of unsubsidized Solar and Biosolar, Pertamina's diesel and biodiesel fuel brands, sold to numerous private sector buyers. The indictment, which could result in state losses of up to hundreds of trillions of rupiah, has sparked a heated debate among experts and civil society. Some caution against the potential criminalization of private sector buyers, while others insist on pursuing all possible corporate links to the corruption scheme.
Danantara has little choice but to rescue financially bleeding state-owned enterprises (SOEs) by channeling dividends from profitable SOEs, as government funds are no longer permitted for such purposes. The market has responded positively to the planned rescue of near-collapse SOEs, though some have warned Danantara of the potential risk of wasting valuable investment capital.
Nine out of 76 candidates in the running to become Supreme Audit Agency (BPK) members for the 2024 – 2029 period are politicians from political parties in the Onward Indonesia Coalition Plus (KIM Plus) supporting president-elect Prabowo Subianto. The final decision on the new BPK members will be made later in September and will be sealed by President Joko “Jokowi” Widodo, whose term will end in less than two months.
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