Billionaires Among Thousands of Indonesians Found in Secret Offshore Documents By Nicky Hager April 9, 2013, 8:15 pm Nine of Indonesia’s 11 richest families have found shelter in tropical tax havens, holding ownership of more than 190 offshore trusts and companies, secret records obtained by the International Consortium of Investigative Journalists show. The nine families, worth an estimated $36 billion among them, are at the top of a wealthy class that dominates Indonesia’s politics and economy. Six were closely tied to the late dictator Suharto, who helped a special circle of Indonesians grow rich during his 31-year rule by granting economic fiefdoms to family and friends. The billionaires are among nearly 2,500 Indonesians found in the files of Singapore-headquart ered offshore services provider Portcullis TrustNet, which ICIJ has been analyzing and began reporting on last week. Although there is no evidence in the files of illegality by any of the ni...
Comments