Princess From Saudi Arabia Becomes Fraud Victim

Princess From Saudi Arabia Becomes Fraud Victim in Bali – Princess Lolowah is estimated to have suffered a loss of around USD 36 Million or IDR 512 billion more.

Bulls Head Steakhouse

Now Open - COVID-19 Rules Apply

Daily 11am til 10pm

Happy Hour 5 to 7

WhatsApp +62 821 4755 5506

Jl. Bukit Permai No.5 Jimbaran - Next to Circle K

BullsHeadBali.com

JAKARTA – The Directorate of General Crimes of the Indonesian Police Criminal Investigation Agency is investigating a case of fraud against an Arab princess, Princess Lolowah daughter of Mohammed bin Abdullah Al-Saud allegedly committed by an Indonesian citizen (WNI) initials EMC alias Evie and EAH alias Eka. Princess Lolowah is estimated to have suffered a loss of around USD 36 Million or IDR 512 billion more.

The Director of General Crimes of the Indonesian Police Criminal Investigation Agency, Brigadier General Ferdy Sambo, explained that the fraud case was related to the purchase of land. In this case, continued Sambo, Princess Lolowah has precisely sent money of USD 36,106,574.84 or IDR 505,492,047,760 sent from April 27th, 2011 to September 16th, 2018.

“Losses are estimated at IDR 512 billion or half a trillion more”, Sambo said in his statement on Tuesday (1/28/2020).

“The money is for the purchase of land and the construction of Kama and Amrita Tedja villas on Jalan Pura Dalem, Banjar Sala, Pejeng Kawan Village, Tampaksiring District, Gianyar Regency, Bali”, he added.

However, said Sambo, construction had not been completed until 2018. Based on calculations by the Office of the Public Appraisal Service (KJPP) Ni Made Tjandra Kasih, had assessed the value of the Kama and Amrita Tedja villa buildings according to the physical condition of the building.

“And the value of the building that was built was not as promised”, he said.

Sambo said the land and villa were promised by the perpetrators to be reversed in the name of the company PT Eastern Kayan. However, until now the land and villas are still in the name of the suspect.

Sambo added that the perpetrators also offered a plot of land to victim totaling 1,600 M2 on Jalan Pantai Berawa, Tibubeneng Village, North Kuta, Badung, Bali, as if the land had been sold by their owners.

“Then, the victim sent a sum of USD 500,000 to the suspect. However, after it was confirmed that the land by the owner never wanted to be sold”, he said.

Ferdy Sambo explained the case was reported by attorney Princess Lolowah in May 2019. According to him, the attorney of Princess Lolowah reported the alleged fraud and / or embezzlement and / or money laundering as referred to in Article 378 of the Criminal Code and / or Article 372 of the Criminal Code and / or Article 3 and Article 4 of Law Number 8 of 2010 concerning Prevention and Eradication of Money Laundering Crimes.

Criminal Investigation Agency is still investigating this case. Perpetrators are also still being hunted.

“It is still being investigated and pursued. The Indonesian National Police must secure investors who will invest in Indonesia”, said Sambo.

Princess From Saudi Arabia Becomes Fraud Victim in Bali

Make sure you sign up for the latest News by Bali Arrangements, and check out our Facebook fan page baliarrangement to get notifications about what’s new.

Source : https://news.detik.com