Category: Profiles

The Sindoros

So, Eddy Sindoro has on Friday (Oct 12) surrendered to Indonesian authorities after two years of hiding overseas. Eddy will be facing years of prison term for his role in the bribery case implicating then Supreme Court secretary Nurhadi. Eddy and Doddy Aryanto (staff at Paramount Enterprise, where Eddy served as chairman) were sentenced prison term in 2016.

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Ie Seng Hoan Passes Away

Indonesian businessman Ie Seng Hoan, who filed lawsuit against Citibank Singapore back in 2011 for alleged loss us $18.1 million, has on October 7th, 2018 passed away in Jakarta. Ie, through his investment vehicle Zhen Yin Company, seeked US$17 million in damages from the bank, which was accused of negligent misrepresentations. 

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Benny Gozali Passes Away

Benny Gozali, commissioner of Gajah Tunggal (GJTL), one of the largest tire manufacturers in the country, passed away Sunday (Oct 7) in Jakarta. Benny is one of leaders of Gajah Tunggal Group banned from overseas travel in the infamous BLBI case, wherein former IBRA chief Syaf Temenggung has been sentenced prison term.

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People on the Move

Afraid of criminal investigation for spreading hoax, vice president candidate Sandiaga Salahudin Uno, planned to file police report against Ratna Sarumpaet. Like other leaders of Prabowo-Sandiaga campaign team, without verification, Sandiaga prematurely responded Ratna’s story about the assault on Tuesday (Oct 2), calling it ‘barbarous’. 

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Lucas, Finally

The Corruption Eradication Commission (KPK) has named lawyer Lucas suspect for obstruction the antigraft body’s investigation against his client Eddy Sindoro, influential executive holding several positions at Lippo Group, in a graft case related to the Supreme Court. 

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Leo Chandra & Columbia

National Police has asked Immigration Office to impose overseas travel ban against businessman Leo Chandra. Leo is accused of embezzling nearly US$1 billion of funds from 14 banks, including Bank Panin and Bank Mandiri. This is only months after Leo was awarded ‘Lifetime Achievement in Multifinance Industry’ by Indonesian Association of Multifinance Company (APPI).

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Edy Wartono Passes Away

Edy Wartono, one of the heirs of Sukun Cigarette Group, has passed away in Kudus, Central Java on September 17, 2018. He leaves behind a wife and four children. His brother Rindho Wartono, then director of the group, passed away two years ago.

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Yusuf Martak & Bakrie

Yusuf Muhammad Martak, chairman of the National Movement to Safeguard the Ulema Fatwa (GNPF) Ulama, denied reports linking him to PT Lapindo Brantas, an oil exploration company controlled by Bakrie Group, which was widely believed causing the hot mudflow in East Java. He, however, admitted that he was executive of PT Energi Mega Persada Tbk (ENRG), a company controlled by Bakrie, which was main shareholder of Lapindo Brantas. 

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People On the Move

Rony N Hendropriyono, son of AM Hendropriyono—-one of senior figures close to President Joko ‘Jokowi’ Widodo, has resigned from Merdeka Copper Gold (MDKA), a gold producer controlled by Edwin Soeryadjaya and Garibaldi ‘Boy’ Thohir. He is replaced by Mahendra Siregar, former vice minister of finance. 

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People on the Move

The government has appointed Jusman Syafii Djamal, former minister of transportation (2007-2009), as new chairman of state-owned railway operator PT Kereta Api Indonesia. Jusman is also listed chairman of flag carrier PT Garuda Indonesia Tbk (GIAA) and some other companies, including those in private sector.

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Double Trouble for Samin Tan

The Corruption Eradication Commission (KPK) has asked Immigration Office to ban Nenie Afwani, director of PT Borneo Lumbung Energi & Metal (BORN) Tbk, from overseas travel related to her status as witness in the corruption and bribery case implicating Eni Maulani Saragih (former Golkar lawmaker), Idrus Marham (former secretary general of Golkar Party), and Johannes Kotjo (businessman behind BlackGold Natural Resources Ltd, which develops the Riau coal-fired power plant).

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