Close
Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Another Bali Property Deal Gone Bad
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Another Bali Property Deal Gone Bad

Two British Men in Jail as Police Seek Indonesian Man in Fraudulent Bali Property Deal Involving US$200,000.


Bali News: Another Bali Property Deal Gone Bad
Click Image to Enlarge

(10/7/2011)

Radar Bali carries news of yet another property transaction by foreign nationals attempting to secure land in Bali gone sour.
U.K. nationals, Christopher James Forbes, 50, who list his address as the Bali View Apartment, Jalan Nakula 390 in Kuta, and Angus Knowles Jackson were arrested on Christmas Eve pursuant to a criminal complaint filed with the Bali police by Dmitry Chernikov, a Russian national. Also reportedly listed in the complaint was the Commissioner of Asian Estate Investment, Agus Setiawan Waworuntu, an Indonesian national residing on Jalan Danau Tamblingan in Sanur.
The police complaint alleges malfeasance in the handling of funds for the purchase of land on Balangan Beach, Bukit Jimbaran in South Bali.
Although Indonesian law specifically prohibits the purchase of land by foreign national, many website and property companies in Bali offer property and "freehold" land for sale to aliens using legally contravening nominee structures.
Reza Akbar Maya Poetra, the attorney for Forbes and Jackson, was quoted by the press as alleging the incarceration of his clients is unjust. Peotra said: "On May 13, 2008, Dmitry Chernikov, claims he transferred Rp. 2 billion to the account of Waworuntu at Bank Permata as the down payment for the purchase of the land. I don't know why Dmitry Chernikov cancelled the transaction and asked for his money to be returned. The money requested by Dmitry was not returned by Agus."
Eventually Dmitry decided to bring his case to the police. Poetra explained further: "My clients and one more person known to be employees of the company have been arrested because of this case. What's strange, three people were reported to the police. However, Agus was not arrested. It's clear here that the person who received the money was Agus, so why is that my client and his friends are the ones arrested?"
Poetra admitted that there were numerous inconsistencies in Agus' explanation as to why the Russians money was not returned as requested. One glaring inconsistency, according to Poetra, was Waworuntu's explanation that he had forgotten the address of the Russian. "Based on statements such as these made (by Woworuntu) to the investigators, it seems strange that my clients are the ones arrested. This was an electronic transfer of money. O.K., the arrest of my clients is the prerogative of the police, but there are rules to the game. Don't act with impunity," complained Poetra.
Speaking separately, the Head of the Criminal Division of the Denpasar Police Headquarters, Rendra Radika Dewayana, denied that his department was being selective in who they arrested. "Agus is being sought. The address he provided in the case was fictive. Agus is now listed on the ‘most wanted' list of the Bali police. This case is still being developed," said Rendra.
In a subsequent report in DenPost, the attorney for Dmitry Chernikov, Mochmad Sukedi, claims that his client did not cancel the subject land purchase but, instead, discovered that the land offered to him by Asian Estate Investments was in fact owned by the Indonesian Department of Finance and was not for sale.
Explained Sukedi: “After I checked, it was revealed that the land was government owned. They were selling ‘fictional’ property.”
The Russian’s attorney also rejected out of hand claims by Forbes that he was not involved in the fraud, pointing out that Forbes and Waworuntu offererd land for sale that was not in their position and never available for sale.
Related Articles
[Bali Property Ownership by Foreigners]
[This Land is My Land, This Land is Your Land]
[Freehold Land Title for Foreigners in Bali: Caveat Emptor]


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Red Glare on Baliís East Coast
Fire Destroys One Villa at Amankila
(7/25/2014)
When High Season Becomes Shoulder Season
Hotels and Villas in Bali Claim Occupancies for July-August 2014 are Down by as much as 15%
(7/25/2014)
Holding Meetings in Bali to Steal Funds
Foreign Affair Official Sentenced to Prison for Corruption of International Meeting Funds dedicated to Bali
(7/25/2014)
Cooking in the Middle Kingdom
St. Regis Kayuputi Culinary Team Represented Indonesia at Bocuse díOr Asia Pacific in Shanghai
(7/25/2014)
Pausing for a 'Cuppa' Before Take-Off
Government Does Surprise Drug Screening of Domestic Pilots at Bali Airport
(7/25/2014)
Have You Been to Bali, Too??
Bali by the Numbers: Bali on Pat to Welcome 3.75 million Foreign Visitors in 2014
(7/25/2014)
A 15-year Impasse
French Drug Courier Gets 15 Year Prison Sentence in Bali
(7/25/2014)
Rising Costs Dent Garudaís Finances
Garuda Loses US$211 million in First Half of 2014
(7/25/2014)
Mellow is the Night in Ubud
Jazz musician Deborah Carter set to perform at Uma by COMO in Ubud on August 10, 2014
(7/25/2014)
Indonesian Independence Meets Ferragosto
Prego at The Westin Celebrates Summer with a Traditional Italian Ferragosto Family Brunch
(7/25/2014)
Noble Surrender
Bali Governor Extends Public Congratulations to New Indonesian President and Vice President
(7/25/2014)
The Connection Between Trash and Rabies
Animal Health Officials Link Poor Trash Management in Bali to Islandís Rabies Epidemic
(7/25/2014)
All [News]!
 
Tourism and Transport Tourism Agents