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June 30, 2010 edition

A number of senior police officers were reported for conducting suspicious financial transactions. Originating from unclear sources, tens of billions of rupiah were deposited in their bank accounts, some of them under their children’s or their adjutants’ accounts.

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More Cover Story articles in other editions

June 23, 2010 edition

Over his 36-year career with the Tax Directorate General, Hadi Poernomo accumulated assets of around Rp38 billion—four times the wealth reported by President Susilo Bambang Yudhoyono to the Corruption Eradication Commission (KPK). Most of this wealth was reported as originating from gifts and wedding presents from his parents and parents-in-law in the name of his wife. Tempo’s investigations found that the value of the Supreme Audit Agency (BPK) Chairman’s assets were actually far more than what was reported. His properties are spread between Lampung and Bali, from Sawangan to Los Angeles. And they are not included in an asset report submitted by Hadi to the KPK.

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June 9, 2010 edition

To the police, Gayus Tambunan admitted his role in ‘solving’ some tax issues of Bakrie companies. His network covered several points inside the tax directorate. So far, no one has been indicted for this felony, other than Gayus.

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May 26, 2010 edition

Scattered over the seabed of Indonesia’s waters from Sumatra to Papua, sunken ships and their contents have become the object of treasure hunters. From the ships plying the Silk Route 14 centuries ago, the vessels’ cargos are now worth billions of rupiah. Companies with worldwide operations compete to gain the treasures at the ocean bottom. These treasures are the legacy of Chinese seafarers. Since the 7th century, vessels from various parts of the world passed Indonesian waters. Many stopped in the kingdoms on Java. From China, the ships took the western route, via Vietnam, Thailand, Borneo, India, on their way to Java. They also took the eastern route via the Philippines, Korea, and Japan. For centuries, hundreds of those ships sank, some when they hit coral reefs, others because of storms and still others when they were attacked. Today, their cargos have become the quest of treasure hunters.
A treasure trove worth trillions of rupiah is scattered over the seabed of Indonesia’s waters, from Sumatra to Papua. It is hunted by companies with worldwide operations and fiercely fought over as soon as they are discovered. Retired servicemen reportedly back some of the operations.

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June 2, 2010 edition

A number of former Bank Indonesia officials allegedly accepted bribes from a subsidiary of the Reserve Bank of Australia. Officials at the central bank said that Radius Christanto played a role. How were project deals made?

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May 19, 2010 edition

Aburizal Bakrie Was appointed to head the joint secretariat of a coalition of pro-government political parties. Yudhoyono once discussed his family business problems, while Hatta Rajasa has been sidelined for failing to control parliament.

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May 12, 2010 edition

President Susilo Bambang Yudhoyono accepted the resignation of Finance Minister Sri Mulyani, who will work for the World Bank. Is it true that this move is to salvage the coalition and secure the President’s position?

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