Paradise Papers: Indonesia to probe ex-general Subianto and Suharto children after massive data dump on hidden wealth
A new set of data taken from an offshore law firm again threatens to expose the hidden wealth of individuals and show how corporations, hedge funds and others may have skirted taxes
Indonesian authorities are investigating if former presidential candidate Prabowo Subianto and the children of ex-dictator Suharto, named in documents leaked from a Bermuda law firm, are in breach of the country’s tax laws.
The tax office will scrutinise financial disclosures made by Subianto in the past to check against information contained in the massive leak of confidential information from offshore law firm Appleby Global Group Services Ltd., Hestu Yoga Saksama, a spokesman for the Directorate General of Taxes, said.
Subianto, who was once married to former president Suharto’s daughter Titiek, was named as a director and deputy chairman of Bermuda-registered Nusantara Energy Resources. The former general was a runner-up to Joko Widodo in Indonesia’s 2014 presidential election and is touted by political analysts as a possible candidate in the 2019 race.
“All the information gathered from various sources will be taken into consideration,” Saksama said in response to questions whether tax authorities were looking into the Paradise Papers.
“We need and will seek more detail about such information, so we can check their compliance on their tax report.”