This savings account has been accumulated for years.
Dream - This is the story of a man from Chile who suddenly became extremely wealthy overnight, after discovering his late father's savings.
"He is Exequiel Hinojosa who discovered his father's savings with a value of 140,000 pesos. This money was collected in the 1960s to 70s, which was intended to be used to buy a house, as reported by Reuters last year."
With interest and inflation, the 140,000 peso is now estimated to be worth more than 1 billion peso (US$1.2 million) or around Rp19.119 billion (exchange rate of Rp15,932 per US dollar).
His father passed away 10 years ago and no one in the family knew about his father's bank account and special savings. After his death, the book remained stored in a box for several decades until Hinojosa found it while cleaning his house.
"The money belongs to our family. He saved it by working very hard," said Hinojosa, adding that his family didn't even know that the savings book existed until they found it."
The translation of the given 'Bahasa' text to 'English' while preserving any HTML tags is as follows: The savings book owned by the late father Hinojosa is written as "guaranteed by the state". The bank that holds this money is known to no longer exist. Therefore, if the bank is unable to make payments, the government will take over.
However, unfortunately the local government does not want to replace the savings money with the current value. This makes the Hinojosa family have to sue it up to the Supreme Court. "I never expected this process to turn into some kind of lawsuit against the state," he added.
Some courts have ruled in favor of Hinojosa, but the government has appealed at every step. Hinojosa argues that the funds are the result of his father's hard work, guaranteed by the government's commitment. "If the judicial system, the supreme court, the high court, and the appellate court rule in my favor, then all that's left to resolve this issue is to pay what should be paid, no more and no less," said Hinojosa.
In the latest report by NDTV, the Supreme Court decided to rule in favor of Hinojosa and requested the government to provide savings funds according to the current amount.
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