2 weeks ago

Indonesia names two tax officers suspects in pulp under-invoicing case

Indonesia names two tax officers suspects in pulp under-invoicing case
Indonesia names two tax officers as suspects in $112 million pulp under-invoicing case – ThePrint – ReutersFeed · theprint.in

In Indonesia, some grown-ups who were supposed to check big companies' taxes are in big trouble.

The government says two tax checkers took money from a company called Toba Pulp Lestari.

This company works in the pulp processing and forestry industry.

The tax checkers were supposed to make sure the company paid the right amount of taxes.

Instead, they helped the company pay less tax than it should have, the government says.

The company is accused of selling its pulp products to a friend company at a lower value than they were really worth.

Because of this, the country lost about 112 million dollars that it should have received.

The two tax checkers could go to jail for a very long time, even for their whole life, if they are found guilty.

The company itself has not been accused of a crime, and it has not said anything about the case.

Key facts

Accused officers
Two tax audit supervisors identified only by initials BP and SR
Company involved
Toba Pulp Lestari (pulp processing and forestry industry)
Estimated state losses
Around 2 trillion rupiah ($111.95 million)
Period of alleged under-invoicing
2008 to 2025
Supervisory period
2020 to 2024
Alleged method
Exporting pulp to an affiliate using a lower-value harmonised system code
Possible penalty
Up to life imprisonment under Indonesia's anti-corruption criminal code clause
Company status
Not named as a suspect; no immediate response to comment request

Quotes

Saiful Bahri Siregar

Director of investigations at the Attorney General’s Office special crimes unit

“The suspects, acting unlawfully, failed to carry out their duties and functions as supervisors… And the suspects have received a certain amount of money from the company," he said.”
theprint.in

Sources

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