Investors Asset-WBG Rp5 Dressel M Refunded
Portfolio September 12th, 2009
Central Jakarta District Attorney will return the confiscated assets worth Rp 5 billion to investors Dressel-WBG through the Crisis Center Dressel-WBG on Tuesday 18 August.
“Execution Dressel case evidence will be held on August 18, 2009, held at the State Attorney Jakpus,” said legal counsel Crisis Center (CC) OC Kaligis, in a written statement received Legal, in Jakarta, Thursday (13/8/2009).
According to him, numbered letters please B-766/0.10/EP.1/08/2009 information about procedures and execution time of the Head of Tris Jakpus Kejari Sumardi is a response to a petition which had been submitted to the OC Kaligis Kejari Jakpus to immediately execute the asset confiscated by officials to the victims of WBG investment Dressel-WBG bulging since 31 July.
“The plan, the process of transferring assets will be confiscated immediately attended by representatives of the victims and the Crisis Center,” he said.
For information, Dressel investment case unfold since February 2007. Customers originating bank sued Seattle, Regal Financial Bancorp Inc. and Dressel Investment Ltd., an investment institutions from the British Virgin Islands.
Throughout 2001-2007, the WBG, Dressel raise funds for USD385 million from customers in Indonesia. WBG offers two investment products, namely Sportman Portfolio and the Global Market Portfolio (GMP) fund.
In its bid, WBG said investors’ money will be invested in Hong Kong by Dressel. WBG to lure investors with an interest of 24-28 percent per year for a minimum investment to $ 5 thousand Sportman Product Portfolio and $ 10 thousand untuuk GMP products Fund.
WBG also successfully raise funds for approximately Rp3, 5 trillion of the approximately 10 thousand investors Indonesia. However, the investment was bulging. Later the customer know, instead of investing their funds, but played in a ponzi scheme. WBG finally collapse.
The WBG three directors who had run the Managing Director of PT WBG Krisno Abiyanto Soekarno, Director of Operations of PT WBG Paimin Landung, and Finance Director Thomas Aquino Rindarko bin Haryadi range of mountains is now in jail.
The court has seized some assets of the Managing Director of PT WBG, as the sum of USD2.687 ± and some assets to move goods and goods not moving.
In addition, the value of the confiscated assets were no more than Rp 5 billion, so far compared to the total loss of customers across Indonesia, which reached Rp3, 5 trillion.
Based on the High Court verdict DKI Jakarta No.67/PID/2008/PT.DKI dated 22 April 2008, the confiscated assets were returned to the victims through the Crisis Center, but the execution has not been implemented.
