Asian Agri tax fraud

Koran Tempo and Tempo magazine published a very interesting story on tax fraud investigation on PT Asian Agri, palm oil subsidiary of RGM International today. Tax Officers were upbeat with the preliminary results, especially after they found a bunker of Asian Agri documents few days ago. But Asian Agri denied the fraud allegation and insisted that as a matter of accounting differences only. Meanwhile, anti-money laundering agency PPATK has launched its own investigation on possible money laundering committed by Asian Agri but said the result would be subject to availability of data provided by overseas partners.

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