Indonesia's State Debt in 1950 Case

 

(iStock)

Oleh:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Nelson Mandela, Kisah Perjuangan Seorang Pengacara LBH Melawan Apartheid", "Contoh Gugatan Wanprestasi Sektor Konstruksi" and you may read also "Contoh Surat Gugatan Cidera Janji/Wanprestasi", and on this occasion we will discuss about 'Indonesia's State Debt in 1950 Case'.

Case Position

This case began when the government experienced a financial crisis in 1950. The President at that time ordered the Minister of Finance to borrow money from the public. His (Hardjanto Tutik) parents named Lim Tjiang Poan alias Indra Tutik at that time were one of the exporters of spices and lent money to the government in the amount of Rp. 83 thousand. The process of borrowing and borrowing is said to be carried out with legal evidence.[1]

The plaintiff's attorney, Amiziduhu Menndrofa, said that the lawsuit against the debt with the government defendant is currently happening because the heirs (clients) have not yet received the payment of the debt.[2]

Case Updates

The emergence of the figure of Rp. 62 billion is the result of the conversion of the gold price in 1950, where one kg of gold at that time was only worth Rp. 3.800,- so that if the total government loans were accumulated at that time, it was 21 kg of gold.[3]

However, it is currently reported that the Government will appeal the decision of the Padang District Court asking President Joko Widodo (Jokowi) and Finance Minister Sri Mulyani Indrawati for the lawsuit.[4]

"The information I got from the Secretary General (Kemenkeu Heru Pambudi), the government will appeal. That's what I got information from the Secretary General," said Director General of State Assets of the Ministry of Finance Rionald Silaban in a Discussion with DJKN, Friday (16/9/2022).[5] And if you have any legal issue with this topic, contact us then, feel free in 24 hour, we will be happy to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Pemerintah Ngutang Rp 83 Ribu ke Warga Padang, Eh Tagihannya Jadi Rp 62 M", finance.detik.com., Diakses pada tanggal 6 November 2022, https://finance.detik.com/berita-ekonomi-bisnis/d-6340896/pemerintah-ngutang-rp-83-ribu-ke-warga-padang-eh-tagihannya-jadi-rp-62-m

2. Ibid.

3. Ibid.

4. Ibid.

5. Ibid.