Tumpal, in his lawsuit, is claiming that he is the legal owner of the plot and is asking for potential compensation of IDR2.28 trillion ($185.96 million). The amount is derived from the total land area indicated in affected land certificates, as well as the return of any unused land plots within the dispute.
Keppel’s Indonesian subsidiary, PT. Kepland Investama, is facing another lawsuit over its land plot in Jakarta.
On March 17, Keppel announced that an individual, Tumpal Hutabarat, has commenced civil action over a 24,500 sqm (263,715.81 sq ft) land plot, where International Financial Centre (IFC) Jakarta Tower 2 is located at.
