Minimal Evidence, End of Story
Tuesday, May 6, 2008
IT is not only Asian Agri that has been tripped up by a tax fraud case; PT Adaro Indonesia is entangled in a similar case. The difference is that while Asian Agri is suspected of embezzling taxes by fabricating costs and sales that have resulted in a loss to the state of Rp1.5 trillion, coal miner PT Adaro Indonesia is accused of price manipulation in relation to its export activities.
These tax infringements were noticed after PT Adaro’s cont
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