PT Antam Gold Fraud Case: Property Businessman from Surabaya named as Suspect

PT Antam Gold Fraud Case: Property Businessman from Surabaya named as Suspect

Jakarta, CNBC Indonesia – The Attorney General’s Office has named a property businessman from Surabaya, Budi Said, as a suspect in the PT Aneka Tambang (ANTM) Tbk gold buying and selling fraud case. This determination was conveyed by the Director of Investigations at the Deputy Attorney General for Special Crimes at the Attorney General’s Office, … Read more

Supreme Court Rejects Antam’s Request for Judicial Review in Budi Said Lawsuit

Supreme Court Rejects Antam’s Request for Judicial Review in Budi Said Lawsuit

Jakarta – The Supreme Court (MA) rejected the request for judicial review (PK) submitted by PT Aneka Tambang Tbk (Antam) regarding Budi Said’s lawsuit. Due to this decision, Antam had to pay 1.1 tons of gold or around Rp. 1.22 trillion to the Surabaya conglomerate. Antam’s Corporate Secretary Division Head Syarif Faisal Alkadrie said the … Read more

PT Aneka Tambang Tbk Loses Another Legal Battle Against Surabaya Conglomerate: Must Pay 1.1 Tons of Gold

PT Aneka Tambang Tbk Loses Another Legal Battle Against Surabaya Conglomerate: Must Pay 1.1 Tons of Gold

Jakarta – PT Aneka Tambang Tbk suffered another defeat against conglomerate from Surabaya, Budi Said. This time the state-owned company lost at the Judicial Review (PK) level against the ‘crazy rich’ Surabaya. “The ruling rejects the PK application submitted by PT. Aneka Tambang Tbk (abbreviated as PT. Antam Tbk) represented by Nicolas D. Kanter as … Read more