Suharto
Associates in the data:
About
Indonesian dictator Suharto – who was in power from 1967 to 1998 – is remembered as having presided over one of the most brutal and corrupt governments of the past century. Hutomo Mandala Putra, better known as Tommy Suharto, is his youngest son and Siti Hutami Endang Adiningsih, or Mamiek, is his youngest daughter. Tommy Suharto has previously been convicted of corruption and of ordering the assassination of a judge.In the data
Tommy Suharto, who currently heads the Humpuss Group, was a director and chairman of the board of Asia Market Investments Ltd., a company registered in Bermuda in 1997 and closed in 2000.
An Appleby client database lists the same address for Asia Market Investments and V’Power Corp., a company registered in the Bahamas and owned by Tommy Suharto that held shares in the luxury Italian sports car company Lamborghini, according to a Securities and Exchange Commission filing.
The Appleby data also include information about a Bermuda joint venture of a Humpuss subsidiary and NLD, an Australian billboard-advertising firm. According to local reports in 1997, the joint venture gave Tommy Suharto and his Australian partner concessions to erect roadside billboards in the Australian state of Victoria, the Philippines, Malaysia, Myanmar and China. The company was closed in Bermuda in 2003 and noted by Appleby as “bad debtor.”
Mamiek was the vice president of Golden Spike Pasiriaman Ltd. and the beneficial owner and chairman of Golden Spike South Sumatra Ltd. along with Maher Algadri, a business executive at Kodel Group, one of Indonesia’s biggest conglomerates in the Suharto era, according to Forbes. Both the companies were registered in Bermuda in the 1990s and now closed.
