Bakrie Group Says Uncovered New Phone, E-Mail Hacking Evidence
The Bakrie Group, an Indonesian family-owned palm oil-to-property empire, said it’s uncovered further evidence of hacking of its e-mail servers and phones after a person involved came forward with new information.
“We have been provided detailed and intimate information surrounding the parties involved in the illegal hacking,” Chris Fong, senior vice president of the Bakrie Group, said today in an e-mailed statement to Bloomberg News.
The hacking was started by a “foreign security company” in March 2012, according to Fong’s statement, which didn’t name the firm or the person who provided the information.
London-listed Bumi Plc, a coal miner part-owned by the Bakries, started an urgent probe into “potential financial and other irregularities,” at its Indonesian operations including PT Bumi Resources (BUMI) in September. Bumi is at the center of a feud between the Bakries and Nathaniel Rothschild, who quit the board of the company he founded with the family last month.
Fong’s statement made no link between the hacking allegations and the Bakrie Group’s dispute with Bumi and Rothschild.
A spokesman for Bumi Plc in London declined to comment on the Bakrie statement, as did a spokesman for Rothschild.
“The authenticity of the information provided has been deemed reliable after details provided have been confirmed by our technical experts including an IP address that was being used to channel stolen data,” Fong said.
According to an Oct. 19 statement from Fong, evidence showed the hacking targeted senior executives of the group and that it showed documents had been “doctored to give a misleading and inaccurate view to certain events.”
Bumi Plc (BUMI), founded by the Bakries and Rothschild in a $3 billion deal in 2010, owns stakes in two coal producers -- 29 percent of PT Bumi Resources, Indonesia’s biggest producer of the fuel, and 85 percent of PT Berau Coal Energy (BRAU) Tbk.
The Bakries last month offered to buy all of the assets of London-listed Bumi in a bid to help resolve “irreconcilable differences” with Rothschild and his fellow founders. Rothschild has described their offer as not being in the interests of investors.
PT Bakrie & Brothers, controlled by Aburizal Bakrie, billionaire and brother of Bumi Plc co-chairman Indra, sold half of their stake in the coal producer in November to help pay $1.35 billion in debt owed to Credit Suisse Group AG. Aburizal is the chairman of the Golkar Party of Indonesia. He’s also the 2014 presidential candidate for the nation’s second-biggest political party, which was founded by former dictator Suharto.
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