Hary Tanoe Officially Appeals Ruling Imposing Rp531 Billion Fine on Jusuf Hamka

Businessman and founder of the Perindo Party, Bambang Hary Iswanto Tanoesoedibjo alias Hary Tanoe, and PT MNC Asia Holding Tbk (formerly PT Bhakti Investama Tbk) have officially filed an appeal in the case involving the toll road company owned by Jusuf Hamka, PT Citra Marga Nusaphala Persada Tbk (CMNP).

As a result, the Central Jakarta District Court (PN) decision sentencing Hary Tanoe and MNC to pay a fine of Rp531 billion to PT CMNP has not yet acquired final legal force or become res judicata.

“Status of the appeal application: the appeal application is accepted,” as quoted from the Electronic Appeal Detail Information disseminated by MNC on Wednesday (6/5) evening.

Previously, Hary Tanoe was ordered to pay a fine of Rp531 billion to Jusuf Hamka’s toll road company, PT CMNP.

This was based on the decision in case number 142/Pdt.G/2025/PN Jkt.Pst, handed down on Wednesday, 22 April 2026.

“Ordering Defendant I [Hary Tanoe] and Defendant II [PT MNC Asia Holding Tbk (formerly PT Bhakti Investama Tbk)] jointly and severally to pay material damages of US$28,000,000 plus 6 per cent interest per year from 9 May 2002 until fully paid,” states the operative part of the decision as quoted from the official release of the Central Jakarta District Court Spokesperson, Sunoto, on Thursday (23/4).

The panel of judges examining and trying this case was chaired by Fajar Kusuma Aji with member judges Eryusman and Purwanto S. Abdullah. They were assisted by Substitute Clerk Min Setiadhi.

The plaintiff is PT CMNP with Defendant I Hary Tanoe, Defendant II PT MNC Asia Holding Tbk, Third Party Defendant I Tito Sulistio, and Third Party Defendant II Teddy Kharsadi.

Sunoto explained that this case is a lawsuit for Unlawful Act (PMH) related to a 1999 securities transaction, namely the exchange of Medium Term Notes (MTN) and Bonds owned by the Plaintiff with 28 sheets of Negotiable Certificate of Deposit (NCD) issued by PT Bank Unibank Tbk, which later could not be cashed.

Here is an excerpt of the full decision in that case:

In the Proviso: The panel of judges rejected the Plaintiff’s proviso demands.

In the Exception: The panel of judges rejected all exceptions from the Defendants.

In the Merits: The Panel of Judges granted the Plaintiff’s lawsuit in part, with the main operative part as follows:

1. Declaring that Defendant I and Defendant II have been proven to have committed an Unlawful Act causing loss to the Plaintiff;

2. Ordering Defendant I and Defendant II jointly and severally to pay material damages of US$28,000,000 plus 6 per cent interest per year from 9 May 2002 until fully paid;

3. Ordering Defendant I and Defendant II jointly and severally to pay immaterial damages of Rp50,000,000,000;

4. Ordering Third Party Defendant I to comply with and obey the decision;

5. Ordering Defendant I and Defendant II to pay court costs of Rp5,024,000;

6. Rejecting the Plaintiff’s lawsuit for the remainder.

Converted to rupiah, US$28,000 is equivalent to Rp481 billion. Thus, the total amount to be paid is approximately Rp531 billion.

Meanwhile, MNC Group Legal Counsel Chris Taufik emphasised that they will pursue all legal efforts to obtain justice.

“We will definitely pursue an appeal. Even, if necessary, up to cassation and PK (Extraordinary Review) we will do to obtain legal certainty,” said Chris on Thursday (23/4).