Editor’s note: The Jakarta Post received on Aug 10 a complaint from a lawyer representing Cedrus investment Ltd., in a letter dated Aug 8. Cedrus strongly objected to this misrepresentation, unethical and suspicious reporting of the Aug 2 story, saying the case was not investment fraud but a dispute regarding margin loan. An 11-Aug article entitled “Cedrus case not fraud, but failed debt payment: Lawyer” is part of our obligation to fulfill Cedrus’ right of reply. We apologize for the imbalanced information provided on this case.
Rani Jarkas, the Chairman of Cedrus Investments.
Rani Jarkas is a highly experienced financial services executive, with over 20 years of international banking experience. Currently, Mr. Jarkas is the Chairman of Cedrus Investments, a global boutique investment firm. Cedrus’ domain expertise is in life sciences, natural resources, energy, cleantech and nanotechnology. – Rani Jarkas