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Reports Surface that Disgraced Legislator M. Nazaruddin Funds is the Owner of a Large Bali Hotel.


Bali News: Bali, Indonesia, Nazaruddin, SEA Games, corruption, Gede Pasek Suardika, Youth and Sports Committee, Hotel Mulia, Djoko S. Tjandra, Hotel Mulia
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(10/21/2011)

Against the background of intensive press coverage regarding the alleged ownership of the Hotel Mulia project in Bali by fugitive Djoko S. Tjandra, the State News Agency Antara, reports that M. Nazaruddin, the national legislator awaiting trial on charges that he corrupted funds designated for the construction of facilities to serve the SEA Games, is also believed to own one of Bali’s leading starred hotels.

Gede Pasek Suardika, the chairman of the Youth and Sports Committee of Democratic Party, speaking of the Bali hotel property, said, “the hotel was auctioned by a bank and, as far as I know, the hotel is owned by an Indonesian corporation connected to Nazaruddin.”

Pasek Suardika claims to have obtained the information in a discussion with Nazaruddin.

He went on to say the Bali hotel owned by Nazaruddin enjoys a high occupancy. He added that it remains a mystery why the hotel was unable to make its loan payments to a major bank in Bali, necessitating the auction of the hotel by the government. “The hotel was auctioned and the company that won the bid is owned by Nazruddin," explained Suardika.

Pasek Suardika declined to name the hotel owned by the disgraced legislator, but would only say the location of the property was in the southern regions of the Badung regency.

Related Article

[Brouhaha at the Mulia]
 


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