Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Expat Hotel Owner Jailed in Singaraja
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Expat Hotel Owner Jailed in Singaraja

Karl Gunther Meyer, Owner of Hotel Melka Arrested on Suspicion of Fraud and Embezzlement by North Bali Prosecutors


Bali News: Bali, Indonesia. Lovina, Singaraja, Kalibubuk, Hotel Melka, Melka Excelsior Hotel Dolphin and Wildlife Resort, Karl Meyer, Karl Gunther Meyer, Michael Brag, Fraud, Embezzlement, Putu Astawa, Alit Swastika
Click Image to Enlarge

(2/27/2012)

NusaBali reports that the expatriate owner of the Hotel Melka in Singaraja, Karl Gunther Meyer (52), is being held in the Singaraja prison in under suspicion of fraud or embezzlement involving billions of rupiahs allegedly taken from a business associate.

Meyer was taken into custody in Singaraja on Friday, February 17, 2012.

The case still under investigation dates from a complaint filed in January 2010 by a business associate of Meyer, Michael Brag. Once the Bali’s prosecutor’s office verified there was a case to be answered, the case file was sent to prosecutors in Singaraja.

Two officials from the Bali Prosecutor’s Office, Putu Astawa and A.A. Alit Swastika, said the case against Meyer stems from the sale and purchase of shares between Karl Meyer and Michael Brag for the Hotel Melka, located in Kalibubuk, Lovina, Singaraja. A sales document for the share purchase purportedly records Brag purchasing 25% of the hotel’s shares for Rp. 5.9 billion (US$655,000).

With the sales of shares the name of the hotel was changed to the Melka Excelsior Hotel Dolphin and Wildlife Resort. The prosecutors say that on one occasion Meyer introduced Brag as “one of the owners of the hotel” at a meeting attended by all the hotel’s staff.

Astawa explained that at one point in the transaction Meyer asked Brag to deposit 25% of the share purchase price or Rp. 9 billion (US$100,000). Astawa said it was later discovered after the transfer that Michael Brag was not listed as a stockholder, but instead Meyer’s wife was added to the list of shareholders.

Brag unhappiness with the situation was aggravated further when he learned that Meyer had pledged, without his knowledge, all the shares of the Hotel Melka as surety in a credit application with a local bank to borrow more than 4 billion (US$444,000).

On Friday, February 25, 2012, when the evidence file in the case was formally presented, Singaraja prosecutors immediately ordered the detention of Meyer. The chief prosecutor in Singaraja said his incarceration was in anticipation that German national might attempt to flee the jurisdiction and to facilitate the continuing investigation of the case.

Plans are for the case to be brought to trial in the near future. Meyer is charged with violation Sections 372 and 378 of the criminal code for frauds and embezzlement punishable with four years imprisonment.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
An Exercise in Good Taste
Flavour of Bali Book Launched at Cocktail Held at Trans Resort Bali
(5/30/2016)
Major Anti-Narcotics Arrest
Bali Authorities Arrest Two Chinese Suspected on Participating in the Smuggling of 70 kilograms of Methamphetamines via Jakarta
(5/30/2016)
The Cost of Quantity Before Quality
Bank Indonesia Report Says substantial Chinese Travel Market Brings Minimum Benefits to National Economy
(5/30/2016)
Stop Human Trafficking
Group of Women from West Sumba with Fake IDs Netted by Bali Airport Security
(5/30/2016)
He Thought he Could Fly
Rowdy Australian Man May Face 2 Year in Bali Prison for Behaving Badly on AirAsia Flight from Sydney
(5/30/2016)
Bali Temples as Repositories of History
Expert Urges Care and Caution in the Care and Restoration of Balis Hindu Temples
(5/30/2016)
Anything But Therapeutic
13-Year-Old Australian Boy Claims Sexual Molestation at Kuta, Bali Spa
(5/30/2016)
The Road to Bali
BALINALE Bali International Film Festival Hosting Career Day for Aspiring Film Makers in Bali June 1-2, 2016
(5/30/2016)
A Dose of Leniency for Two Airlines
Transportation Ministry Dilutes Punishments Given to Lion Air and AirAsia for Poor Airport Ground Handling
(5/30/2016)
Hand Off Our Kids!
President Joko Widodo Decrees New Punishments Including Castration and Electronic Monitoring for those Convicted of Sexual Misconduct with Children
(5/30/2016)
April Arrivals to Bali Up 21.3%
Bali by the Numbers: Foreign Tourist Arrivals January-April 2016 Up 16.77%. Will Bali End 2016 with 4.6 Million Visitors?
(5/30/2016)
A Dozen Years in a Bali Jail
Bulgarian Sentenced to 12 Years in Prison for ATM Fraud Scheme in Bali
(5/30/2016)
All [News]!