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Islands in focus: Entrepreneur detained for tax fraud

The Surakarta Prosecutor’s Office has detained a textile businessman on charges of tax fraud at the request of the Central Java directorate general of taxation in Surakarta

The Jakarta Post
Surakarta
Wed, May 6, 2015

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Islands in focus: Entrepreneur detained for tax fraud

T

he Surakarta Prosecutor'€™s Office has detained a textile businessman on charges of tax fraud at the request of the Central Java directorate general of taxation in Surakarta. Vinod Khumar Agarwal allegedly dodged taxes amounting to Rp 11 billion (US$843,529).

'€œVinod was named a suspect of tax fraud last year,'€ said the head of the Central Java directorate general of taxation, Yoyok Setiotomo.

Vinod owns CV Lestari Jaya and is believed to have manipulated his tax claims from 2004 to 2007 and paid less tax than required.

'€œThe state suffered losses of up to Rp 11.1 billion. Earlier, we offered the suspect the chance to pay the amount of state losses but he refused,'€ said Yoyok.

The director of CV Lestari, Sasanti Dwi Utami, was also detained on April 29.

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