BLBI Task Force Sita Tamara Center Owned By Atang Latief And Lidia Muchtar

Illustration (Photo: Doc. Ministry of Finance)

JAKARTA The Task Force for Handling State Collection Rights for the Bank Indonesia Liquidity Assistance Fund (BLBI Task Force) confiscated the Tamara Center Building related to Bank Indonesia Raya (Bira) obligor Atang Latief and Bank obligor Tamara Lidia Muchtar.

"The confiscation was carried out as part of the state's efforts to recover the BLBI funds that had been disbursed to banks during the monetary crisis some time ago," said Head of the BLBI Task Force Rionald Silaban in a written statement, Monday, July 31.

It was explained that the confiscation was carried out on:

1. Land and buildings known as the Tamara Center Building have its address at Jalan Jenderal Sudirman Kav. 24, Karet Village, Setiabudi District, South Jakarta 12920 in accordance with the certificate of land rights.

2. Shares that are guaranteed 37 percent ownership of PT Pantoru Mas owned by Atang Latief and/or Lidia Muchtar through PT Unggul Makmur Utama and/or Badminton Limited/

Meanwhile, the confiscation was carried out in the context of paying debts to the state which have not yet been resolved, namely:

1. Obligation of Bank Indonesia Raya (BIRA) Obligor Atang Latief amounting to IDR 155.72 billion (excluding administrative costs for managing 10 percent of state receivables)

2. Obligor's obligation of Bank Tamara Lidia Muchtar amounting to Rp188.48 billion (excluding administrative costs for managing state receivables of 10 percent).

"Furthermore, the BLBI Task Force together with PUPN will take further legal action if the Obligors of Bank Indonesia Raya (BIRA) Atang Latief and Bank Obligor Tamara Lidia Muchtar do not fulfill their obligations, including by implementing Auctions on these assets," said Rionald.

Meanwhile, the confiscation was also witnessed by the police, courts, and local governments.

"The BLBI Task Force will continue to make ongoing efforts to ensure the return of state collection rights through a series of efforts, such as blocking, confiscation, and selling of obligor and/or debtor assets which are collateral and other assets owned by obligors and/or debtors," concluded the Head of the BLBI Task Force Rionald Silaban.