The Developers' Obligations

Investigation into a case of suspected corruption over the regulations on land reclamation on the northern coast of Jakarta has entered a new phase. The Corruption Eradication Commission (KPK) discovered an advance payment by Muara Wisesa Samudra, a subsidiary of Agung Podomoro Land, to the Jakarta government in the form of 13 work projects. This transaction is considered unusual because it had no legal basis. The draft of a regional regulation that was being prepared as a legal foundation for the imposition of the levy failed to pass after it was revealed that the deliberations were marked by bribery.

May 24, 2016