Bali property scam

Saudi Arabian princess was cheated by Rp. 512 billion in Bali

Princess of Saudi Arabia, Princess Lolowah bin Mohammed bin Abdullah Al-Saud, reported about the allegations of fraud and / or money laundering and / or embezzlement with a loss of around Rp 512 billion. 

"The loss is estimated at Rp. 512 billion or half a trillion more," said the Director of General Crimes of the Criminal Investigation Police Brigadier (Pol) Ferdy Sambo through a written statement received by Kompas.com, Tuesday (1/28/2020). Ferdy said that the alleged fraud was reported by attorney of Princess Lolowah in May 2019.

The parties reported thet there were two Indonesian citizens with initials EMC alias Evie and EAH alias Eka that took part in a deal. Ferdy said that Princess Lolowah sent them around IDR 505.5 billion from 27 April 2011 to 16 September 2018. The money was intended to buy land and build Vila Kama and Amrita Tedja on Jalan Pura Dalem, Banjar Sala, Pejeng Kawan Village, Tampaksiring District, Gianyar Regency, Bali. However, the construction will not be finished until 2018.

It was also found that based on the calculation of the Public Appraisal Service Office (KJPP) Ni Made Tjandra Kasih, the value of the villa building was not as promised. 

"And it was found that the value of the building that had been built was not in accordance with what was promised," said Ferdy. The owners of the land and the villa by the documents were the two reported parties that had been named as suspects but not PT Eastern Kayan as it had been planned by the agreement.

The suspects also offered the princess 1,600 square meters of land on Jalan Pantai Berawa, Tibubeneng Village, North Kuta, Badung, Bali. After Princess Lolowah sent money, the land was apparently not sold by the owner. 

"The victim sent a sum of USD 500,000 (around Rp. 6.8 billion) to the suspects. However, after it was confirmed that the owner never wanted sell the land," said Ferdy Sambo. 

 

The source: Kompas; photo: Tribun Bali/I Wayan Eri Gunarta

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