Indonesia Names Toba Pulp Lestari Tax Fraud Suspect
Indonesias Attorney Generals Office named Toba Pulp Lestari as a suspect in an alleged tax fraud case causing state losses of two trillion rupiah. Prosecutors allege the pulp producer manipulated product classifications and submitted false tax reports.
Indonesia named listed pulp producer Toba Pulp Lestari as a suspect in an alleged tax fraud case resulting in a state loss of 2 trillion rupiah ($113M). The investigation follows the arrest of two tax audit supervisors accused of accepting bribes from the company between 2020 and 2024. State prosecutors estimate the alleged under-invoicing generated losses over a 17-year period ending in 2025.
