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PERSPECTIVE

The Ira Puspadewi Case and the Fall of the Business Judgment Rule as “State Loss”

Oleh Eko B. Supriyanto

PRESIDENT Prabowo has granted rehabilitation to Ira Puspadewi, President Director of ASDP, along with two of her colleagues. The decision is widely seen as a step forward, perhaps even a turning point in the era of arbitrary designations of suspects. For too long, law-enforcement authorities have worn blinders, misapplied anti-corruption statutes and misunderstood the very nature of “state loss.”

Ira Puspadewi is not the only professional turned into a convict. Many share her fate yet remain behind bars.

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