Tag: Internux

Law Journal

We recently reported on the lawsuits involving PT Internux (Lippo Group), operator of BOLT. The creditors of the Company have given their statement to the national media outlets. From the financial statements of PT First Media Tbk (KBLV) we learned more details of the problems. Meanwhile, the Corruption Eradication Commission (KPK) faced another pre-trial lawsuit filed by four suspects snared in the North Sumatera’s graft case. The first hearing was held this week and the trial is expected to be over by next week.

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Lawsuits around BOLT

Earlier this year, we reported that the Ministry of Communications and Informatics had filed a cassation against the appeal verdict given by the Jakarta High Court, which upheld the verdict given by the Central Jakarta District Court in a dispute against PT Internux (Lippo Group), operator of BOLT. The examination of the cassation petition is ongoing, but since then, Internux has been facing and working on other lawsuits. By the end of 2017, the Company filed a lawsuit against PT Huawei Tech Investment. Two weeks ago, the Company filed a lawsuit against seven parties including Raiffeisen Bank International AG. Earlier last week, the Company must face a lawsuit for Suspension of Debts Payment (PKPU) filed by two of its creditors.

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