Digging in for Debts

A verification meeting at the Central Jakarta Commercial Court last Tuesday morning did not provide the relief Said Reza Pahlevy was hoping for.

Said, Pertamina Patra Niaga's director of administration and finance, said he was feeling dejected as negotiations on the postponement of debt payments by Asmin Koalindo Tuhup were not going according to plan.

March 29, 2016

A verification meeting at the Central Jakarta Commercial Court last Tuesday morning did not provide the relief Said Reza Pahlevy was hoping for.

Said, Pertamina Patra Niaga's director of administration and finance, said he was feeling dejected as negotiations on the postponement of debt payments by Asmin Koalindo Tuhup were not going according to plan.

Patra Niaga submitted a claim of US$39 million in February to the court for fuel used by Asmin Koa

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