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Facts about Budi Said, the Crazy Rich Surabaya who Sues Antam for 1.1 Tons of Gold

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Facts about Budi Said, the Crazy Rich Surabaya who Sues Antam for 1.1 Tons of Gold Gold illustration. ©2014 Merdeka.com/www.topgoldinvestment.com

Kapanlagi.com - Surabaya businessman, Budi Said has won a lawsuit against PT Aneka Tambang (ANTAM). The reason for his lawsuit is that the sale of his gold was deemed not in accordance with the agreement.

Lost in the lawsuit, in the end, PT ANTAM had to pay damages amounting to Rp 817.4 billion or equivalent to 1.1 tons of gold as reported by Liputan6.com. Previously, Budi claimed to have only received 5.9 tons while having paid for 7 tons of gold.

Of course, many are curious about who Budi Said is. Here are some facts that need to be known about this Crazy Rich from Surabaya.

1. Director of PT Tridjaya Kartika Group

According to various sources, Budi Said is known to be the director of PT Tridjaya Kartika Group. This company, located in Surabaya, is engaged in the property sector such as housing, apartments, and plazas.

One of the property projects that this company has worked on is Plasa Marina, known as a complete and famous cellphone counter center in Surabaya.

2. Chronology of ANTAM Case

This chronology started in October 2019, Budi received information about a gold discount at PT ANTAM's Surabaya branch, as reported by Merdeka.com. He then visited the PT ANTAM office and bought gold at a discounted price of Rp 530 million per kg.

However, after sending a certain amount of money assuming 7.07 tons of gold, Budi admitted that there was a difference of 1.1 tons of gold weight claimed and only received 5.935 tons of gold. The remaining gold that he never received eventually led him to send a letter to PT ANTAM's Surabaya and Jakarta branches.

3. Never Give Discounts

However, the state-owned enterprise claimed to have never sold gold at a discounted price. On February 7, 2020, Budi finally sued PT ANTAM and filed five claims.

Budi filed five claims against PT ANTAM, Head of Precious Metal Boutique (BELM) ANTAM Surabaya Endang Kumoro, Administrative Staff of BELM ANTAM Surabaya Misdianto, General Trading Manufacturing and Service Senior Officer Ahmad Purwanto, and Eksi Anggraeni.

In the explained petitum, Defendant I is responsible for the actions taken by Defendant I, II, III, and IV by paying the plaintiff Rp 817,465,600,000 or equivalent to 1.136 tons of gold, and Defendant V must pay Rp 92,092,000,000.

In addition, Defendant I and Defendant V are obliged to pay immaterial damages to the Plaintiff amounting to Rp 500 billion immediately and also must pay a coercive fine (dwangsom) of Rp 100 million for each day of delay.

4. Appealing

On Wednesday, January 13, 2021, Budi successfully won the lawsuit. Meanwhile, PT ANTAM will appeal the case and fight for the truth.

"ANTAM asserts that it has never applied discounted prices and only transacts at prices officially issued by the company. ANTAM considers the lawsuit to be unreasonable and unfounded," said Kunto, SPV Corporate Secretary of ANTAM as quoted from Liputan6.com.

(kpl/lmp)

Disclaimer: This translation from Bahasa Indonesia to English has been generated by Artificial Intelligence.
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