Indonesian court orders Antam to compensate Surabaya Tycoon Budi Said with 1.1 tons of gold bullion
In a recent legal judgment, the Indonesian Supreme Court dismissed the Review Petition brought by the mining giant, Antam, against Surabaya tycoon Budi Said.
The decision enforces a previous cassation verdict, compelling Antam to compensate Budi Said with 1,136 kilograms of gold, valued at approximately IDR 1.15 trillion ( U$74.8 million).