Close
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: Expat Hotel Owner Jailed in Singaraja
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
Bali Shall Not Forget
Mark the Date: Bali Remembers Pan Am 812 – April 22, 2014
(4/14/2014)
Wear Your Easter Bonnet
Book a Seat or a Table for the “Diva’s Lunch” at Jemme Restaurant on Friday, April 25, 2014
(4/14/2014)
Paying More, Getting Less
Lawmakers and Public Complain About Increase Passenger Service Charges at Bali’s Airport
(4/14/2014)
Pets Not Welcome
Bali Police Cracking Down on Pet Smuggling from Java
(4/14/2014)
Education for Excellence
STPBI Now Providing Certified Hotel Administration Training in Bali
(4/14/2014)
Bali as a Cheapening Destination
Moratorium on New Rooms in Bali Needed to Stop Bali’s Decline into a Cheap Destination
(4/14/2014)
Indonesia Takes Delivery of RI-1
Indonesia Get its First Presidential Jet
(4/14/2014)
Flying into Trouble
Indonesian Air Force Compel Swiss Aviator Heinz Pier Violating National Airspace to Land in North Sumatra
(4/14/2014)
Tiger Vanishing in Thin Air
Tigerair Mandala Continues to Shrink and Cancel Routes
(4/15/2014)
More Fiber Optic Service for Bali
Telkom Investing to Increase Fiber Optic Network in Bali and Throughout Indonesia
(4/14/2014)
Giving Channel Seven Australia an Aussie Salute
Editorial: Calling on Channel Seven Australia To Give Bali a “Fair Go” in How its Represented to the Australian Public
(4/14/2014)
Indecision is Expensive
Bali Urged to Quickly Decide Location of New Airport of the North
(4/14/2014)
All [News]!
 
Tourism and Transport Tourism Agents