Last week, the Panel of Judges of the Surabaya District Court granted the tort lawsuit filed by one Budi Said against PT Aneka Tambang (Persero) Tbk (ANTM). ANTM was ordered to compensate for the losses Budi claimed (Rp817.4 billion). The value is equivalent to 1.1 tonnes of gold Budi had supposedly purchased. The granted lawsuit is the second one Budi filed in 2020. ANTM said it would appeal against the decision, but it should be noted that this is not an ordinary case. There are two other lawsuits with similar disputes currently being examined by the same Court. If Budi’s lawsuit was granted, then it is not impossible that the other lawsuits would also be successful.

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