Indonesian Political, Business & Finance News

Tension continues in Medan

| Source: JP

Tension continues in Medan

MEDAN, North Sumatra: Tension continued on Wednesday in Medan
as clients of a firm which promised quick profits surrounded its
office building, demanding their investments.

Fire was seen in one part of the building and police fired
warning shots. No injuries were reported.

Hundreds of clients of the Higam.Net firm set tires on fire on
Tuesday in front of the company building. Traffic was again
disrupted on Wednesday along Jl. Gatot Subroto near the building.

A client, F. Tanjung, said clients were confused and in
despair. "If it is necessary, we will take the iron bars around
the building and sell them to replace our money," he said.

A number of buildings where firms' which promise quick profits
are located have been attacked by clients who say they were
swindled into investing up to hundreds of millions of rupiah.

Tanjung said the firm had promised to return their money by
Tuesday. He said since there were no signs of management meeting
the promise, the clients tried to force the door open on
Wednesday. (39/40)

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