Multa Fidrus, The Jakarta Post, Tangerang, Tue, 08/05/2008 10:16 AM City
As many as 300 employees of financial firm PT Graha Finesa Berjangka (GFB) lost their jobs after the firm's business permit was revoked by the Futures Exchange Supervisory Board (Bappebti).
"We will soon file complaints with President Susilo Bambang Yudhoyono because such unfair revocation of our business permit, without warning, has cost some 300 employees their jobs," Hafidz, the company director, said in Karawaci on Monday.
The revocation of GFB's business permit was unfounded because there is no evidence the company has violated the regulations Bappebti claims it has, he added.
Hafidz said Bappebti accused the company of committing violations in its promotional campaigns, in failing to report customer transactions to PT Bursa Berjangka Jakarta (BBJ) and PT Kliring Berjangka Indonesia (KBI) and in using funds for activities unrelated to customers.
Bappebti also accused the company of having violated standard operation procedures.
"All the accusations are false because we have always reported customer transactions, of any kind, to the PT BBJ and PT KBI," Hafidz said.
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