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The Tire King’s Trillions

Tuesday, June 11, 2019

A KPK team has begun tracking down Sjamsul Nursalim’s assets as collateral to compensate state losses. His wealth is currently estimated to be over Rp10 trillion.

arsip tempo : 173483534027.

Gajah Tunggal CEO Sjamsul Nursalim at the company’s tire factory in Tangerang, now in Banten province, 1987. TEMPO/Ali Said. tempo : 173483534027.

A criminal investigation order for Sjamsul Nursalim became the legal basis for the Corruption Eradication Commission (KPK)’s unit for asset tracking, evidence management and execution to begin drawing up a list of that business tycoon’s assets. Their findings will guide the KPK in mapping out which assets can be confiscated by the state in a case of suspected corruption in the issuing the release and discharge letter of Bank Indonesia

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