Thekabarnews.com—Businessman Jusuf Hamka, better known as Babah Alun, reiterated his commitment to pursue assets linked to media tycoon Hary Tanoesoedibjo. He is doing so as part of his efforts to recover his company’s losses in an ongoing legal dispute. This dispute involves PT Citra Marga Nusaphala Persada (CMNP).

Jusuf Hamka also emphasized that his main priority is still to fulfill the rights of employees in the MNC business environment. In particular, he focuses on workers who have reportedly not yet received their salaries.

He said obligations to employees must take precedence over any settlement measures.

“The rights and welfare of workers should be the primary consideration in resolving this matter, above all,” he said.

In addition to the legal dispute, Jusuf Hamka also discussed the future of Televisi Pendidikan Indonesia (TPI). This included plans to return ownership to Siti Hardiyanti Rukmana or Tutut Soeharto.

He also opened the opportunity to hand over the management of the television station to the administration of President Prabowo Subianto.

“I hope that the station can do more than just profit-oriented broadcasting but also educational, social, and health-related content that benefits the public,” said Jusuf Hamka.

While CMNP won the lawsuit, the company believes that the court ruling still does not fully reflect the total losses incurred by the company. Therefore, the legal team is drafting an appeal. They believe this appeal could result in compensation worth Rp113 trillion.

The case originated from the financial transaction of exchanging Medium-Term Notes (MTN) and bonds for Negotiable Certificates of Deposit (NCD) belonging to Hary Tanoe’s side and issued by Unibank. Later the financial instruments were not redeemed. As a result, the transaction caused a significant financial loss.

The court, in its ruling, ordered the defendants to pay US$28 million in damages plus an annual interest rate of 6 percent going back to 2002. In addition, the ruling also awarded Rp50 billion in immaterial damages. This brings the total liability to some Rp1.1 trillion.

The judicial panel also noted the legal concept of piercing the corporate veil, which allows legal liability to go beyond the corporation and into the personal assets of those involved.

The principle’s application is important because it signals a wider push to hold corporate decision-makers personally accountable in major financial disputes.

The size of the compensation claim and the celebrity status of some businessmen involved drive public interest in the case. There is also the possibility that the ruling will affect corporate governance and financial responsibility in Indonesia.

For Jusuf Hamka, however, the priority remains recovering the losses first. He also wants to treat the employees affected by the dispute fairly.

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