Saturday, 10 April 2010

House to push for Rp 1.3t tax evasion settlement

House to push for Rp 1.3t tax evasion settlement

Sat, 04/10/2010

JAKARTA: The House of Representatives promised Friday to push for a speedy settlement of an alleged Rp 1.3 trillion (US$142 million) tax evasion case involving palm oil company Asian Agri.

"We are strongly committed to seeing the case resolved," Benny K. Harman, chairman of the House Commission III on legal affairs, was quoted as saying by news portal
The case remains unsettled since 2006 although several company officials have been named suspects.

The alleged tax evasion was first reported to authorities by Asian Agri's then chief financial controller Vincentius Amin while he was a fugitive in Singapore after the company - owned by tycoon Sukanto Tanoto - accused him of embezzling funds.

Vincentius was arrested, tried and is serving an 11-year prison sentence for money laundering and forgery.

Benny said his commission would soon summon senior officials such as National Police chief Gen. Bambang Hendarso Danuri. -JP