We thought the dispute over the debt-claiming rights (cessie) involving PT Geria Wijaya Prestige (GWP) and several other parties could not get anymore confusing, but we’ve been proven wrong. Hartono Karjadi (who was named suspect earlier last year by the Bali Regional Police, based on police report filed by Artha Graha patron Tomy Winata) was arrested in a hospital in Singapore. The Bali regional police claimed that they had made the arrest with the assistance of the Singapore Police Force (SPF), but the SPF recently denied the claim. To make things even more complicated, the National Police’s Criminal Investigation Unit (Bareskrim) recently stated that they would continue confiscating the disputed certificates that are under the possession of PT Bank China Construction Bank Indonesia Tbk (MCOR). The Bareskrim did obtain the district court’s permission to confiscate the certificates last year, but somehow they did not immediately do what they had intended to do. So, why have they decided to move forward with the confiscation now?
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