A Conglomerate's Bankruptcy Lawsuit
Monday, June 19, 2023
Dato Sri Tahir is dragged into a dispute over a debtor’s loan in Bank Mayapada. The police issue a red notice for a conglomerate.
THE meeting took place Monday morning, January 16. For about an hour, Jessica Gatot Elnitiarta, the daughter of tycoon Ted Sioeng alias Xiong Delong, talked with the founder and President Commissioner of Bank Mayapada Internasional, Dato Sri Tahir, at Bank Mayapada’s head office in South Jakarta. She wanted to settle her father’s debt with Tahir.
Between 2014 and 2021, Ted and his four companies received loans amounting to Rp1.3 trill
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