Ini ada news mengenai tuntutan hukum terhadap bank Danamon. Ada yg tau lebih detail ceritanya ? INDONESIA- 4 PARTIES CLAIM $4 BLN IN DAMAGES FROM BANK OF NEW YORK MELLON, BANK DANAMON - COURT DOCS
BANK OF NEW YORK, DANAMON LAWSUITS ARISE FROM RED DRAGON BOND DEAL -COURT DOCS BNY Mellon, Danamon face $4 bln Indonesian suit By Tyagita Silka and Harry Suhartono JAKARTA/SINGAPORE, July 10 (Reuters) - Bank of New York Mellon <BK.N> and Indonesia's Bank Danamon <BDMN.JK> are being sued for $4 billion in Indonesia in a dispute between international bondholders and the owner of a shrimp firm, Indonesian court documents show. The dispute highlights the difficulties investors often face in Indonesia in enforcing their rights and comes as at a sensitive time. Many foreign investors have been increasing their exposure to the country on the back of strong growth and expectations of continued political stability following the re-election of President Susilo Bambang Yudhoyono this week. The case involves a group of international investors who bought a $200 million bond issue, and the banks who acted as the trustee and security agent for the debt. The bonds were issued in 2007 by Red Dragon, controlled by Thailand's powerful Jiaravanon family. The dispute has pitted the investors and banks against Red Dragon and three other firms controlled by the Jiaravanon family, all of which own stakes in Indonesian shrimp exporter PT Central Proteina Prima (CP Prima) <CPRO.JK> , according to stock exchange records dating from the time of the bond issue. The other three companies -- Regent Central International, Charm Easy and PT Surya Hidup Satwa (SHS) -- jointly backed Red Dragon's bond by pledging their shares in CP Prima to back the issuance. Red Dragon and these companies together controlled 70.3 percent of CP Prima, according to court documents seen by Reuters.
