Last year, the Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI) commenced confiscation of assets they believed are related to Setiawan and Hendrawan Harjono of Bank Aspac. At the time, the companies who managed the said assets immediately objected to the decision, stating that they have nothing to do with the Harjonos. We know that the two companies decided to fight the Satgas through legal channels and filed two lawsuits through the Jakarta State Administrative Court (PTUN Jakarta). However, apart from the lawsuit against the Satgas in Jakarta, the companies also challenged the confiscation to the Bandung State Administrative Court (PTUN Bandung). In November 2022, the Panel of Judges granted the lawsuit filed by one of the companies. This is why we are not surprised to learn that the PTUN Jakarta also decided to grant the companies’ lawsuit earlier this week. To subscribe please click here
