Demand from Finance Minister, here is Bambang Trihatmodjo’s footprint on the stock market



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Jakarta, CNBC Indonesia – The name Bambang Trihatmodjo has returned to the public. Because of this, the son of the late second president of the Republic of Indonesia, Suharto, sued the Indonesian Finance Minister Sri Mulyani before the Jakarta State Administrative Court (PTUN) regarding the extension of the prevention of traveling abroad. to administer the accounts receivable of the State.

Bambang, who is also one of the founders of PT Global Mediacom Tbk (BMTR) or formerly known as PT Bimantara Citra, was kicked out overseas due to the 1997 SEA Games.


The 1997 SEA Games were held in Jakarta from October 11 to October 19, 1997, 23 years ago when Bambang Tri was 44 years old. At the time, Bambang was the head of the XIX SEA Games consortium.

Quoting from the Jakarta PTUN website, Bambang filed a lawsuit registration on Tuesday, September 15, 2020. Bambang’s case number is registered under number 179 / G / 2020 / PTUN.JKT.

In his complaint, Bambang asked PTUN to declare null and void Decree of the Minister of Finance Number 108 / KM.6 / 2020 dated May 27, 2020 regarding the Stipulation of the Extension of the Prevention of Travel Outside the Territory from the Republic of Indonesia to Bambang Trihatmodjo (President of the Consortium of Organizing Partners of Sea Games XIX 1997) in the Framework of Management of State Accounts Receivable.

In addition, Bambang in the lawsuit asked PTUN to demand that the defendant revoke the Decree of the Minister of Finance No. 108 / KM.6 / 2020 of May 27, 2020.

Bambang filed this lawsuit with his lawyer Prisma Wardhana Sasmita. Currently, the status of the case remains a preparatory examination.

According to the explanation of the Director General of State Assets of the Ministry of Finance, Isa Rachmatawarta, the ban against the son of former President Soeharto was due to the fact that Bambang was known to have failed to fulfill his obligations.

“The person concerned did not fulfill his obligations,” Isa told CNBC Indonesia’s Cantika Adinda Putri on Thursday (9/17/2020).

“In the context of the country’s accounts receivable management [jumlah utang] including the excluded information, “said Isa.

In retrospect, the XIX SEA Games event was funded by the Presidential Assistance (Banpres). Under the leadership of President Soeharto at the time, it was decided that the government would make a loan of IDR 35 billion to the consortium that organized the XIX SEA Games that took place in 1997.

As head of the consortium, Bambang is in fact responsible for providing all facilities for SEA Games. If you can’t pay the debt, including interest and penalties, perhaps the total debt from the 1997 SEA Games has reached trillions of rupees.

Apart from the lawsuit, the name of the husband of the Mayangsari artist and singer has attracted the attention of the public, as have his younger brothers, Hutomo Mandala Putera or Tommy Soeharto, who also have a profitable business, even in the stock market to through the Humpuss Group. PT Humpus Intermoda Transportasi Tbk (HITS).

So how did Bambang fare in the capital market after establishing Bimantara Citra, the forerunner of the MNC Group, in 1981?

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