Indonesian Law No. 31 of 1999 regarding Eradication of Criminal
Acts of Corruption, as amended by Law No. 20 of 2001 (together, the
"Anti-Corruption Law") may hold corporations responsible
for criminal acts of corruption.
Pursuant to Article 20 of the Anti-Corruption Law, a corporation
found guilty of an act of corruption may be required to pay a
maximum fine equal to the maximum fine for an individual, plus an
additional one-third on top of such fine. Individual members of
management may be held liable for criminal acts of corruption
committed by the corporation.
In a similar vein, Supreme Court Regulation No. 13 of 2016
regarding Procedures to Handle Criminal Acts Committed by
Corporations ("SC Reg. 13/2016") stipulates that a
corporation shall be represented by member(s) of its management
during any investigation and subsequent court proceedings for
corporate crimes. (A corporation that is undergoing a dissolution
process shall be represented by the liquidator.)
