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National scene: Luhut denies report on Panama Papers

Coordinating Political, Legal and Security Affairs Minister Luhut Pandjaitan denied any wrongdoing in relation to his involvement in a shell company as was reported in Tempo magazine

The Jakarta Post
Jakarta
Tue, April 26, 2016

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National scene: Luhut denies report on Panama Papers

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oordinating Political, Legal and Security Affairs Minister Luhut Pandjaitan denied any wrongdoing in relation to his involvement in a shell company as was reported in Tempo magazine.

“The issue that [the magazine] raised happened when I was not a public officer or a minister. [...] I always followed procedure and never violated regulations,” Luhut said in a written statement sent to The Jakarta Post on Monday.

Luhut said that on Dec. 31, 2014, he had given up his positions at his company Toba Bara Sejahtera and its subsidiaries. Those companies are now run by professionals, Luhut says, and he is not actively involved.

“I have reported my wealth through LHKPN transparently, based on regulations,” he added.

Luhut also denied that he was a director of Mayfair International Ltd., a shell company that was mentioned in the Panama Papers according to Tempo magazine. “I have never heard that company’s name before,” he said.

Tempo magazine reported that based on its own investigations, Luhut’s name was included in leaked documents from Mossack Fonseca, a Panama-based law firm that provides shell-company services.

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