Bosowa Family Sued By Qatar National Bank Singapore: Has Not Paid IDR7.1 Trillion Debt

Illustration. (Photo: Semen Bosowa)

JAKARTA - Qatar National Bank QPSC Singapore Branch submitted a request for postponement of PT Semen Bosowa Maros' debt payment obligations. The application is registered at the Makassar District Court.

In the Makassar District Court Case Tracking Information System, quoted by VOI November 24, it was stated that this case was being processed since November 10 under number 2 / Pdt.Sus-PKPU / 2020 / PN Niaga Mks.

Meanwhile, the petitum contents of the petitioner are as follows:

1. Requesting the panel of judges at the Makassar District Court to grant the PKPU application submitted by the Qatar National Bank QPSC Singapore Branch in its entirety.

2. Determined that the PKPU Respondent (PT Semen Bosowa Maros) was under a temporary suspension of debt payment obligations (PKPU) for a maximum of 45 days after this decision was pronounced.

3. Appoint and appoint Supervisory Judges from the Commercial Court judges at the Makassar District Court to oversee the process of Postponement of Debt Payment Obligations (PKPU) for the PKPU Respondent.

4. Appoint and appoint Allova Herling Mengko, Hendro J. Octavianus, Triangga Kamal, and Daud Napitupulu as the management team in the PKPU process and then as the Curator Team if the PKPU case continues to become a bankruptcy case.

5. To punish the PKPU Respondent, namely Semen Bosowa Maros, to pay all costs incurred in this case.

Previously, Qatar National Bank QPSQ filed a lawsuit against the owner of Bosowa Corporindo Aksa Mahmud and several family members for US $ 484.42 million or the equivalent of Rp7.1 trillion (exchange rate of Rp.14,700 per US dollar).

The owners of Bosowa are allegedly failing to make payment obligations of Rp7.1 trillion due to guarantees for overdue and unpaid loans.

Quoted from the Case Tracing Information System for the Central Jakarta District Court, apart from Aksa Mahmud, the defendants are Erwin Aksa, Sadikin Aksa, and Muhammad Subhan Aksa. Also defendant Mark Supreme Limited in this case. This Case Number is 562 / Pdt.G / 2020 / PN Jkt.Pst and was registered on Monday, 5 October 2020 with the classification of default.

Meanwhile, in their petitum the plaintiff asked the panel of judges for the Central Jakarta District Court to accept and grant the plaintiff's claim in its entirety, stating that the defendant had committed an act of default on the agreement deeds.

Then, sentenced the defendants to pay all of their liabilities to the plaintiff amounting to US $ 352,906,689.53 for Facility A and US $ 131,512,474.23 for Facility B plus an interest of 6.36 percent per annum from 31 August 2020 until the date of settlement all payment obligations to the plaintiffs.

In addition, stating that the confiscation of the guarantee (conservatoir beslag) handed down in this case is valid and valuable, states that this decision must be implemented first (uitvoerbaar bij voorraad) despite the appeal and cassation and resistance (verzet), and ordered the defendants to follow suit. comply with the verdict of this case, and sentence the defendants to pay all costs incurred in this case.