Thursday, October 13, 2016
Cedrus Investments respond to imbalanced information - Rani Jarkas
Editor’s note: The Jakarta Post received on Aug 10 a complaint from a lawyer
representing Cedrus investment Ltd., in a letter dated Aug 8. Cedrus strongly
objected to this misrepresentation, unethical and suspicious reporting of the
Aug 2 story, saying the case was not investment fraud but a dispute regarding
margin loan. An 11-Aug article entitled “Cedrus case not fraud, but failed debt
payment: Lawyer” is part of our obligation to fulfill Cedrus’ right of reply.
We apologize for the imbalanced information provided on this case.
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