Supreme Court to Review Patriot Bond Investor Protections
Advocate Muhammad Hafidz has filed a lawsuit with the Constitutional Court, challenging legal protections for buyers of “Patriot Bonds” and “Merah Putih Bonds” under the Law on Developing and Strengthening of the Financial Sector (PS2K Law). The applicant argues that Article 50A, paragraph (5) of the law creates a form of legal immunity that could … Read more