News (2)

/ EoF Press Release

Sinar Mas Group Must Declare the Beneficial Owners of All Affiliated and Related Companies

Jakarta, 30 May 2018—A new report published today by the Koalisi Anti Mafia Hutan is calling on the Government of Indonesia to take firm actions against global pulp and paper producer Asia Pulp & Paper (APP) after unmasking their corporate links with wood fiber plantation companies (HTI). The report entitled Removing the Corporate Mask reveals an apparent close relationship between the Sinar Mas Group, the parent conglomerate of APP, and 24 declared wood suppliers that APP has called "independent partners". The report also traces out the ownership structure of the forestry business group within the Sinar Mas Group, which extends to a network of companies in numerous offshore jurisdictions.

/ EoF News

Forestry officials questioned for tax evasion

PEKANBARU (EoF News)—Three officials at Indragiri Hilir Forestry Service were questioned by the Riau Province Forestry Service for allegedly manipulating hardwood tax from timber cleared by PT Sumatera Riang Lestari, an associated company to Asia Pacific Resources International Holdings Limited (APRIL).

Reports (Not found)