The Eagle in Munich
In 2019, oil palm tycoon Sukanto Tanto purchased the Ludwigstraβe 21 building in Munich, Germany, for Rp6 trillion. The purchase, which went unrecorded by the Financial Reports and Analysis Center, is believed to have been made through a shell corporation affiliated with Sukanto’s Royal Golden Eagle Group. This report is a collaborative effort by Tempo, Organized Crime and Corruption Reporting Project (OCCRP), and Süddeutsche Zeitung daily.
THE beige, four-story building stands on the Ludwigstraβe-Theresientraβe three-way intersection at the center of Munich, Germany. Ludwigstraβe 21 has stood since the 19th century, during the reign of King Ludwig I of Bavaria. Now, the historical building is a highly prestigious office center for multinational companies.
The building is 27,000 square meters in size, with a rooftop café and a central hall used for vari...