Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile1 entries
1997
Asminco financing and pledged-interest litigation
A loan involving Asminco Bara Utama and Deutsche Bank was secured partly through interests connected with Adaro Indonesia and PT Indonesia Bulk Terminal. After a default elsewhere in the ownership structure, Deutsche Bank pursued enforcement through the Jakarta courts. The resulting dispute, including challenges to a transaction involving PT Dianlia Setyamukti, was litigated in both Jakarta and Singapore. The matter belongs to the predecessor business’s history rather than a current allegation concerning AlamTri’s present management.