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Indonesia names two tax officers as suspects in $112 million pulp under-invoicing case

Created at 13 Aug · 3:53 AM1 source↑ Market-relevant
IN SHORT

Indonesia's Attorney General's Office has accused two tax officers of accepting bribes from Toba Pulp Lestari to facilitate under-invoicing, causing state losses of around 2 trillion rupiah ($111.95 million). The alleged scheme occurred between 2008 and 2025.

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Key Numbers

$111.95 millionestimated state losses from under-invoicing
2 trillion rupiahestimated state losses from under-invoicing
2008-2025period of alleged under-invoicing
2020-2024period of suspects' supervision

Who's Involved

Indonesia's Attorney General's Office (AGO)
accused two tax officers of bribery and under-invoicing
Saiful Bahri Siregar
Director of investigations at AGO's special crimes unit
BP and SR
Tax audit supervisors identified as suspects
Toba Pulp Lestari
Pulp producer accused of under-invoicing

↳ Why This Matters

The case highlights ongoing efforts to combat corruption and tax evasion in Indonesia, potentially impacting investor confidence in the country's pulp and forestry sector and signaling stricter enforcement of financial regulations.

Key facts

  • Two Indonesian tax officers have been named suspects in a bribery and under-invoicing case.
  • The case involves pulp producer Toba Pulp Lestari and allegedly caused state losses of $111.95 million.
  • The alleged under-invoicing occurred between 2008 and 2025.
  • The suspects, identified as BP and SR, were tax audit supervisors for the company.
  • The suspects are accused of failing to perform their duties and accepting bribes.
  • The alleged actions violate an anti-corruption clause carrying a maximum life sentence.

Indonesia's Attorney General's Office (AGO) has accused two tax officers of accepting bribes from a listed pulp producer, Toba Pulp Lestari, to facilitate under-invoicing. This alleged scheme resulted in state losses of approximately 2 trillion rupiah ($111.95 million).

According to Saiful Bahri Siregar, director of investigations at AGO's special crimes unit, the under-invoicing allegedly took place between 2008 and 2025. The company, involved in the pulp processing and forestry industry, is accused of exporting pulp products to an affiliate using a harmonised system code with a lower value, which reduced corporate tax revenue for the state.

The prosecutors have not named the company as a suspect. The two suspects, identified by the initials BP and SR, served as tax audit supervisors for the company between 2020 and 2024. Siregar stated that the suspects unlawfully failed to carry out their duties and functions as supervisors and received money from the company.

The suspects allegedly violated an anti-corruption clause in Indonesia's criminal code, which carries a maximum sentence of life imprisonment. The company did not immediately respond to a request for comment.

Frequently asked questions

The main parties are Indonesia's Attorney General's Office (AGO), two tax officers identified as BP and SR, and the pulp producer Toba Pulp Lestari.

The tax officers are accused of accepting bribes to facilitate under-invoicing by Toba Pulp Lestari, which allegedly reduced the state's tax revenue.

The estimated state losses due to the alleged under-invoicing are around 2 trillion rupiah, equivalent to $111.95 million.

The under-invoicing allegedly took place between 2008 and 2025, while the suspects served as supervisors from 2020 to 2024.

What Happens Next

01Further investigation into the alleged bribery and under-invoicing scheme.
02Potential legal proceedings against the accused tax officers.
03Possible scrutiny of Toba Pulp Lestari's financial practices and tax compliance.

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Cadence

How It Developed

Indonesia's Attorney General's Office accused two tax officers of accepting bribes.
The officers allegedly facilitated under-invoicing by pulp producer Toba Pulp Lestari.
The scheme allegedly caused state losses of approximately 2 trillion rupiah ($111.95 million).
Under-invoicing allegedly occurred between 2008 and 2025.
The company used a lower value harmonised system code for exports to an affiliate.
The suspects, identified as BP and SR, were tax audit supervisors for the company from 2020 to 2024.
The suspects allegedly failed to perform their duties and received money from the company.
The suspects allegedly violated an anti-corruption clause carrying a maximum life sentence.

Sources

T1
Indonesia names two tax officers as suspects in $112 million pulp under-invoicing caseReuters

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