PT BAT Instrumen Bank Internasional (“PT BAT”) issues this official statement in response to the defamatory and false article published on Otoritas.co.id titled: “CWIG Urges President Prabowo and Law Enforcement to Act Against PT BAT Instrumen Bank Internasional Allegedly Operating Without License” on 4 November 2025.
PT BAT strongly condemns the false and misleading information contained in the article and confirms that the publication’s representatives demanded USD 100,000 in exchange for removing the content — an act that constitutes extortion under Indonesian law. False Allegations and Facts
- The claims that PT BAT operates without authorization are fabricated and completely
untrue. - The individuals behind the defamatory article approached PT BAT demanding USD 100,000
to delete the post. - PT BAT does not operate as a commercial bank, does not collect public deposits, and does
not perform activities requiring a banking license. - PT BAT has engaged legal counsel and will be filing criminal complaints against those
responsible for defamation and extortion to the Indonesian Cybercrime Unit and Press Council. Official Statement from Management “We categorically deny all false accusations suggesting that PT BAT operates without authorization or a license. The company conducts legitimate, transparent business operations in accordance with Indonesian and international law. The demand of USD 100,000 for article removal is a criminal act of extortion, and PT BAT will take all legal actions necessary to defend its name, reputation, and integrity. - Management of PT BAT Instrumen Bank Internasional
Appeal to the Public and Media
PT BAT respectfully urges the public and all media institutions to:
- Verify facts independently before publishing unverified allegations.
- Reject unethical financial solicitations for content removal.
- Uphold journalistic integrity as required under Law No. 40 of 1999 on the Press.
Legal and Regulatory Context PT BAT reiterates that no regulatory authority or court has issued any statement or sanction against the company. The company remains compliant with governance standards and has formally requested retraction and clarification from Otoritas.co.id.
About PT BAT Instrumen Bank Internasional
PT BAT Instrumen Bank Internasional is a legally registered Indonesian financial institution
engaged in structured instruments, asset-backed services, and trade finance consulting. The company operates under strict compliance with national and international laws, guided by its core principle — Primum Non Nocere (First, Do No Harm).
