Mataloka Controls Legal Cases for the Failure of the K-Pop Concert Festival Worth Nearly Rp10 Billion

Photo: Special

JAKARTA - PT Mata Cakrawala Asia (Mataloka) through its lawyer, Ilham Yuli Isdiyanto, visited the Polda Metro Jaya on Monday, February 2, to follow up on the results of the Special Case Title regarding alleged fraud and embezzlement of funds of almost Rp. 10 billion.

This case dragged a person who is one of the senior promoters with the initials A who is known to have a long track record in bringing international artists to Indonesia.

Mataloka's lawyer said that their presence was aimed at ensuring that the legal process was objective after the special case title on January 22 revealed a number of new facts.

"We are here to ask about the progress after the title of the case. The facts that were previously closed are now beginning to open, and this further strengthens our belief that there has been an alleged criminal act of misappropriation of funds by the reported A," said Ilham Yuli Isdiyanto at Mapolda Metro Jaya.

This case began with the lack of transparency in the use of the binding fee funds for the K-Pop Festival project in October 2025, which is planned to bring in an artist from one of the BTS members and several other Korean artists.

"Our clients believe that because of the reported track record of successfully handling international artists. However, it is a pity that in this cooperation, communication is not transparent and the use of funds is not in accordance with the promised purpose," added Ilham.

Mataloka emphasized that he still respected the legal process and left it entirely to the investigators of the Criminal Investigation Unit of the Metro Jaya Police to conduct an in-depth investigation into the flow of almost Rp. 10 billion.

Brief Chronology of the Problem

The following is a summary of the legal facts related to the dispute between Mataloka and the reported A.

July 2025: Mataloka handed over an investment fund (binding fee) of almost Rp10 billion to a business partner with the initials A for the K-Pop concert project.

October 2025: The concert failed to take place. Reported A was unable to provide transparency in the use of funds received.

Peace Efforts Failed: Mataloka has sent two summons and conducted three mediations, but it has been reported that it has not shown good faith to return the funds.

January 22, 2026: After reporting to the Polda Metro Jaya, a Special Case was held. There were strong indications that information was provided that did not conform to the facts and the misuse of funds from the original purpose.

Current Status: Mataloka's lawyer asked that the investigation be carried out as objectively as possible to protect the client's rights to the loss of billions of rupiah.