Plaintiff Rejects Negative Rumours Ahead of Rp119 Trillion Verdict

Ahead of the verdict hearing in a civil case worth Rp119 trillion, PT Citra Marga Nusaphala Persada Tbk (CMNP) has spoken out regarding rumours circulating on social media. CMNP has firmly rejected accusations that the lawsuit for Unlawful Acts (PMH) will be declared inadmissible or NO. CMNP’s legal counsel, Lucas, emphasised that the widespread allegations on social media are entirely unfounded and potentially misleading to public perception. He suspects a systematic effort behind the spread of these narratives to intervene in the ongoing legal process. In its clarification, CMNP also revealed the strong chronology underpinning its lawsuit. “These baseless excuses have been clearly and firmly refuted by the evidence, witness testimonies, and expert opinions presented by CMNP,” Lucas stated in a written release on Thursday, 16 April 2026. Lucas also dismissed accusations that the lawsuit is against the wrong party. Furthermore, regarding claims of Ne Bis in Idem, as CMNP had previously filed a lawsuit with the same disputed object and substantive issues, Lucas explained that the court proceedings proved the subjects, objects, and substance of the previous lawsuit and CMNP’s current lawsuit to be different. “The previous lawsuit involved CMNP suing PT Bank Unibank Tbk (BBKU), BPPN, the Minister of Finance of the Republic of Indonesia, and the Governor of Bank Indonesia, requesting that 28 (twenty-eight) NCD sheets owned by CMNP be declared valid and that BPPN disburse those NCDs, whereas the current CMNP lawsuit sues Hary Tanoe and MNC on the basis of unlawful acts to claim compensation for damages,” Lucas said. Additionally, CMNP affirmed that the filed lawsuit has not expired. Regarding the time limit for the lawsuit, CMNP refers to the applicable legal provisions. “Based on Article 1976 of the Civil Code, the statute of limitations period is 30 (thirty) years, and since the CMNP lawsuit was filed on 28 February 2025, it is clearly proven that the CMNP lawsuit has not expired,” Lucas added. To date, CMNP states it has not enjoyed the benefits from the exchange of those securities. Lucas hopes the panel of judges will remain objective in deciding the case on Wednesday, 22 April 2026.