Tanoto’s Suspicious Transactions
The purchase by the Sukanto Tanoto business group of an office building worth trillions of rupiah in Germany has prompted many questions. The proceeds from natural resources exploitation should be returned to Indonesia.
Tempo
February 8, 2021
THE purchase of an expensive and prestigious property overseas by Indonesian business groups is nothing new. But when the purchaser is the business group owned by Sukanto Tanoto, who has a shady track record of tax evasion, the Indonesian financial authorities should pay closer attention, especially since there appear to have been attempts to conceal this transaction.
Two years ago, Adler Pacific Investments Sarl and Adler Pacific Hold
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