The story of Morgan Stanley Bank Guarantee Fooled False 'Bank Mandiri' U.S. $ 55 Million

Morgan Stanley is being confused by the Bank Guarantee fake "Bank Mandiri" issued during the credit facility to Lee Man Investment Co. Ltd. as borrower and obligor consisting of PT General Energy Bali, Tjandra Limanjaya, Geolink Worldwide Ltd, Merryline International Pte Ltd, City Energy Pte Ltd and PT General Energy Indonesia.

How to Guarantee Bank false story that can be up to rocked Morgan Stanley? All turned out to involve a counterfeiting syndicate. Story of Bank Guarantee false 'Bank Mandiri' was started in 2007 when Omega Management Consultant & Personal consisting Tony Ridwan and Koen Meditation Prakoso aka Nicholas Koen et al offer to act as Financial Advisor of PT General Energy Bali (GEB) in Bank Guarantee through Abdul Djalil as director.

Both Tony and Koen undertakes the manufacture of a Bank Guarantee for the General Energy Bali in just 2 months, and in fact turned out to be completed more quickly in just 1 month. From the General Energy Bali accept the offer making of Bank Guarantees for urgent request from Morgan Stanley's party to extend or renew a credit agreement with Lee Man for Bank Guarantees issued in 2007 is no longer valid because the debt was paid off Lee Man paid off.

GEB also asked Morgan Stanley to update giro for a period of 1 year so that the GEB decided to accept the offer Omega Consultant to the issuance of Bank Guarantees. And on July 8, 2008, Omega sent a letter to the GEB no 12/Omega/TP/GEB/VII/2008 regarding financial advisor in order to fund raising. In the offer, the Omega receive a fee from the fund raising amounted to USD 600 million, repayable in 2 stages each USD 400 million after the issuance of the mandate and USD 200 million after the realization and acceptance of first disbursement or the issuance of debt securities instruments.

Associated Bank Guarantee 'Bank Mandiri', the GEB has also submitted a number of important documents such as the Onega company profiles, feasibility studies, power purchase agreement (PPA). GEB also submit documents between GEB EPC contract with Shanghai Electric dated March 5, 2008 to Omega for the purpose of financing the maintenance process in Bank Mandiri, Jakarta, as reflected in the receipt.

And finally, on August 27, 2008, was published Bank Guarantee 'Bank Mandiri,' which is pressed by Martono as Senior Manager and Yan Pranasurya MBK as the Department Head. Bank Guarantee number MBG7912127298508 on behalf of PT GEB it for the benefit of Morgan Stanley Bank International Limited worth U.S. $ 55 Million.

Furthermore, Abdul Djall from the GEB request clarification from the Omega because Nicholas Koen known to publish a fake giro. Abdul Djall feel the need to request an explanation from the Omega because the info about the credibility of Omega. Despite the explanation given by the Omega, but Abdul Djall not satisfied and eventually asked for advice to his legal counsel. Furthermore, the legal adviser to request information via the telephone number of the parties 'Bank Mandiri,' which was not answered, and after being reviewed by legal counsel GEB known fact that number is just a telephone kiosk in BDN Thamrin Building tower.

Traced back then, was known by the GEB that Bank Guarantee by MBG7912127298508 number dated 27 August 2008 which dealt with the Omega Management Consultant and is a fake and never registered at Bank Mandiri. Forgery case Bank Guarantee has been entered into the court. For the charges against Tony Pribadi, the indictment has been prepared by the Public Prosecutor is Satria Irawan on February 11, 2011. Tony has been detained since 17 December 2010.

In the indictment, Tony, also involving Nicholas Koen, Agus Purwanto, M Amiruddin Halim, Bambang Irawan and Sulastri. The four last-mentioned parties named in the indictment are still DPO. They were all indicted for having forged a letter to incur losses and is also GEB Abdul Djall.

While on Nicholas Koen, Central Jakarta District Court has declared itself guilty of the crime of counterfeiting a letter with 1-year prison sentence. Koen Nicholas himself had died after the previous had been arrested.

Amid chaotic forgery Bank Guarantees, GEB known filed a lawsuit against Morgan Stanley and Lee Man Investments to the Central Jakarta District Court on June 29, 2010. GEB mengugat because they feel has been used as a formality as the party who signed the loan agreement 'New Facility Agreement' dated 27 August 2008.

Meanwhile on September 28, 2009 Morgan Stanley has filed a lawsuit against Lee Man Investment Limited by registering to the Court of Hong Kong to pay a loan which matured on September 1, 2009 amounted to U.S. $ 54,850,000 with the Bank Guarantee is false.

As is known, dated August 27, 2008 have signed the 'New Facility Agreement' tersenilai U.S. $ 51.7 million from Morgan Stanley (MS) as a creditor with Lee Man Investment Co. Ltd. as borrower and obligor consisting of PT General Energy Bali, Tjandra Limanjaya, Geolink Worldwide Ltd, Merryline International Pte Ltd, City Energy Pte Ltd and PT General Energy Indonesia. Some collateral security for obligations of the borrowers listed in the "New Facility Agreement 'then issued a bank guarantee from the' Bank Mandiri, 'which turned out to be falsified it.

Morgan Stanley's lawyers lawyer, Frans Hendra Winarta, who confirmed the case with Morgan Stanley claimed that GEB is currently being pursued peace.

"They are working for peace, may be reached soon," said Frans via short message to detikFinance on Wednesday (27/04/2011).

While the GEB attorney, Hotman Paris Hutapea when confirmed more about the development of the case can not claim to say much.

"You know, just know that case, my answer to No Comment. Problem peace and so forth, I say no comment because it is still the case," said Hotman Paris Hutapea to detikFinance.