Berau Coal Energy controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile3 entries
2019
Bondholder lawsuit in New York
Investors pursued members of the Widjaja family in New York after defaults on Berau-related bonds, seeking approximately US$165 million plus interest.
2015
Governance and financial-irregularity dispute
Internal disputes and investigations concerning alleged financial irregularities became entangled with a contested presidential resignation and restricted access to Berau’s offices, accounting systems and bank information.
2013
Alleged disappearance of company funds
Reports alleged that approximately US$173 million had disappeared from Berau Coal or had been withdrawn without authorization. The claims were disputed by Rosan Roeslani.