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Jakarta Post

Tax chief amasses Rp 9b, has menagerie

  • Arghea Desafti Hapsari

    The Jakarta Post

Jakarta   /   Wed, April 7 2010   /  09:33 am

Following the revelation of the Rp 28 billion (US$3 million) wealth of a low-ranking tax officer, a top taxation official has come under the spotlight as the antigraft body verified the source of his wealth on Tuesday.A team from the Corruption Eradication Commission (KPK) visited the house of director general of Taxation M. Tjiptardjo in the upscale Taman Rempoa Indah housing complex in Tangerang to verify his wealth disclosure report submitted in 2008.Data from the KPK shows Tjiptardjo amassed Rp 2 billion in assets in the last two years, mostly due to an increase in the value of his property.His wealth initially stood at Rp 7 billion and $52,624 in foreign currency in 2008 when he was director of intelligence and investigation at the tax office.“There was an increase in asset prices after 21 months, mostly from the hike in the resale value of holdings,” Tjiptardjo said.Apart from ...