Friday, March 02, 2007

Funeral corruption

I know for sure that funeral is a big business. In UK, funeral is a USD1.5 billion/year business. I don't know how big is the business here. But I'm sure it's lucrative. In 2002, the value of funeral business had been above Rp1.2 trillion/year.
That's also why Lippo Group develop the San Diego Hills cemetery park (up to USD3,000/unit). This time, it's report that attracted my attention. It's about Mr Susanto or Lie Sheng Cing, chairman of Pluit Funeral Foundation in Jakarta. He is reportedly corrupted the foundation's money and walked away with at least Rp40 billion (USD4.5 million) to USD15 million. Police put him on 'wanted list'.



Anonymous Anonymous said...

Is he wanted dead or alive?

March 05, 2007 10:57 AM  

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