Progressive Business Reading

Archive for the ‘Financial Scandals’ Category

People are very interested in money and media, is to get money quickly with almost a necessity. It is this need for quick money without work, people find a big scam, sometimes, economic history to throw. A good example is the use of historical ties. You see, once there was a series of gold bonds for a variety of reasons. One possibility for the government to obtain money with the promise with interest. These bonds are payable in gold, and after a point of maturity that this problem could be redeemed after a certain date, they are no longer usable. Just a piece of history waiting to be stored in a museum.

These are the relics of the models being sold by the thieves. In general, documents with a very official and after jumping from one bank to another, you find that there is indeed no dollars, except perhaps a collector of sentimental value. If you’re lucky, you can be very real Bond, in which case you get a small amount of money from a museum could be that there houses. It really is a great demonstration of one of the financial frauds in history. Read the rest of this entry »

International Monetary Funds (IMF) in its annual report stated that up to these days of corruption still threatens Indonesia’s economic development. It also reminded investors to be cautious and wait for Indonesia concrete steps in combating corruption and upholding the law, before they invest their capital in Indonesia.

Irrespective of whatever interests behind it, the statement that international institutions should be whipped back the consciousness of the nation’s leaders and those involved in the management of the state, that since this country stood up to now, each ruling regime still not able to overcome corruption.

Really, that responses appropriate and responsive policies and structural reforms added, has helped Indonesia recover from the global crisis in 2008. But the market remained concerned about the real conditions of law enforcement, transparency and the problems in the implementation of governance.

The report does mention also about the tendency of attraction of multinational companies into Indonesia. However, simultaneously, the investors said they would closely monitor developments in combating corruption.

Very understandable if they are watching to it, because corruption is a major factor that legal uncertainty. In fact, high and low investment growth is determined by the rule of law, in addition to the stability factor of safety.

The main indicators of rule of law itself is largely determined by the high-low levels of corruption. The higher the level of corruption in a country, hence the lower the level of investment to the country concerned.

Facts about the corruption and law enforcement in the country, until now still has not shifted from a vivid description of how the judiciary to convict stained preferential treatment wealthy, drug business practices in the prison, and freedom of certain people to control their businesses from behind bars.

Game of the law is not only happening in the capital, but also in areas that are often unnoticed because it is far from reach. Those involved were no longer merely the crime, but also people from the group of politicians, bureaucrats, businessmen, and law enforcers alone.

Contrary to that, as preached, the little people are helpless, forced to act in a criminal because of necessity, always be a party who truly looks as objects of a just law enforcement. At least, investigated and prosecuted and sentenced according to the articles of the criminal, despite the fact he was just a victim – not perpetrators – of a situation.

Because it is very fair if the public considers to this day we are still in the jungle law is more pro-strong, not the truth. Truth and justice can still be traded, so fair in the middle of the transaction if there is an intermediary; there is a realtor, broker, and the like.

Indeed, law enforcement is a force that can threaten and scare potential offenders. Corruptor, thieves, drug dealers, sellers of people, terrorists, be afraid and think a thousand times for legal action if the authorities really solid, clean, and honest.

In some cases, which appeared in our country we are just the opposite. Sometimes even the law enforcement agencies who felt threatened while performing their duties properly. In cases of corruption, for example, sometimes the authorities are no longer balls because they often face the wall. Namely, the strength of culture is so corrupt that sometimes perceived as ‘fair’ well in an environment of law enforcement institutions.

As a result, the law enforcement process is often a very bad, because the ends mean bending the rules of law.

In certain cases, investigation, prosecution and court decisions to advocacy in the manner of an offense, just like a new criminal act that consciously done by people who understand the law, including its legal apparatus.

To uphold the spirit of the law will not mean much without the support of all parties. And, even then the support would not be effective without a political endorsement from the state. Law enforcement can not be done if the country is not directly involved.

State involvement in combating the practice of bending the law, would be more effective if the entire national leadership has a strong commitment – not limited to mere rhetoric – also on a rule of law. Without that, it was difficult to get the rights of our nation to justice.

Tax mafia cases still leaves a great job of law enforcement on this country (Indonesia).
Gaius Tambunan, said Arafat was checked at the Manhattan Hotel, Jakarta alleged involvement in corrupt tax and money laundering fund it. Inspection took place early in the investigation, which is around April 2009. Arafat tells the story, originally Gaius himself examined at Police Headquarters, precisely in the room Directorate II Unit III. At that time, Gaius accompanied by three legal advisors.

“When I check, the lawyer Gaius, Haposan, out of the room tax Kanit III, Pol Kombes Pambudi Pamungkas. He said that Arafat stop the investigation. We check out there,” recalled Arafat pointed out as the hotel said. At that time, Arafat was with the PPA Sri Sumartini.

Confessing wonder, then Arafat is facing Kombes Pol Pambudi Pamungkas to inquire “command” Haposan it. “I say, ask permission, why inspection should be outside ndan? To say Kombes Pol Pambudi Pamungkas, you only carry out checks,” she said. “It is in my BAP,” said Arafat again. Read the rest of this entry »

Gayus Tambunan Tax Mafia Prosecutions Case

Gayus Tambunan tax mafia prosecutions case, a general would be a new suspect in the scandal involving the networking of Civil Servants (PNS) tax-lawyer-police.

so far, the number of suspects announced by the Police Headquarters there are eight people:

1. Gaius Tambunan (main actor)
2. Haposan Hutagalung (lawyer Gaius and Gaius director who connects with the investigators)
3. Andi Kosasih (Batam businessmen who recognize the proceeds of corruption Gaius as his own)
4. Police Commissioner Mohammad Arafat Sumartini Sri Nani and PPA (fake evidence and set the path to files demanded by Gaius in a lightweight and Arafat’s article gain Harley Davidson motorcycles, cars and luxury homes).
5. Syahril Djohan (former diplomat)
6. Lambertus P Ama (Colleagues Haposan)
7. Alif Kuncoro (carpenters between Harley-Davidson Motor)

Mafia cases tax will continue in pan for a few names that can not be informed through the media because they still will undergo inspection.