According to the records, the dispute of Harun Abidin and Cedrus Investment began with Harun Abidin’s report to the police that Rani Jarkas as the owner of Cedrus Investmen allegedly embezzled the shares of Cakra Mineral Tbk owned by reporter Harun Abidin placed at Cedrus Investment. In the next process, the police issued a request to block the shares of Cakra Mineral Tbl, Cokal Ltd, Pan Asia, and ORH Ltd, which were valued at US $ 22 million to KSEI to prevent transactions.
Furthermore, KSEI blocked the shares of Cakra Mineral. This is considered by Cedrus Investment as an illegal act, so it sued the court.
The panel of judges in the decision number 918/Pdt.G/2016/PT JKT. Sel considered that Harun Abidin’s report to the
In addition, the panel of judges also considered that the police request to KSEI to block the shares of Cakra Mineral was not illegal. And, KSEI’s following up on the police’s request to block the shares of Cakra Mineral were also not illegal. (*)
