Find this content interesting and worth supporting?
Donate to ICIJ. Help us continue investigating important global issues. Gifts made today will be matched up to $10,000.
ICIJ’s investigations are supported by readers like you. If you believe journalism can help bring about positive change, join our ICIJ Insiders community by contributing $3 per month - or more!
Your monthly or annual donation will give you the following benefits.
$3-$14/month (or $35-$179/year)
$15-$49/month (or $180-$599/year)
$50/month and above (or $600/year and above)
ICIJ believes data like this should be public and accessible to everyone.
Donate todayWidth and height of the embed will adapt automatically.
Width of the embed will adapt automatically. Height will be fixed to 750 pixels.
Associates in the data: Children Hutomo Mandala Putra (Tommy Suharto) and Siti Hutami Endang Adiningsih (Mamiek)
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.
There are legitimate uses for offshore companies and trusts. We do not intend to suggest or imply that any people, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly. Many people and entities have the same or similar names. We suggest you confirm the identities of any individuals or entities located in the database based on addresses or other identifiable information. If you find an error in the database please get in touch with us.
ICIJ is an independent nonprofit news organization that brings journalists together to collaborate on critical in-depth global investigations
We depend on the generous support of readers like you to help us expose corruption and hold the powerful to account
Find this content interesting and worth supporting?
Donate to ICIJ. Help us continue investigating important global issues. Gifts made today will be matched up to $10,000.