Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsThe court also sentenced each firm with a Rp 1 billion (US$56,447) fine after finding them guilty of receiving benefits from the corruption case surrounding two venture capital arms of state-owned enterprises (SOEs) to the agricultural tech start-up.
Critics say the new commitment to pass the asset forfeiture bill may be driven by the government’s need to finance President Prabowo Subianto’s flagship programs, while also underlining concerns about the lack of transparency around the draft law.
Calls are mounting for lawmakers to release their latest draft bill on asset forfeiture to the public, with antigraft activists warning that closed-door deliberations could leave the proposed legislation vulnerable to abuse.
The House of Representatives is aiming to pass a long-delayed asset forfeiture bill by the end of this year, as lawmakers plan to intensify consultations with civil groups and legal experts on legislation seen as a potential tool in the fight against corruption.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.