The assets, totaling Rp 26.8 billion (US$2.01 million), were seized from Amie Hamid, a businessman accused of laundering the proceeds from selling fake tax invoices worth Rp 123.4 billion. He reportedly gained more than Rp 49 billion from the sales.

The assets comprise Rp 441 million in cash from a canceled apartment purchase, eight pieces of land and buildings worth a combined Rp 24.5 billion as well as nine vehicles valued at Rp 1.9 billion.

(Read also: Barru regent gets 4.5 years for corruption, money laundering)

"The money laundering investigation is a follow-up from a previous probe into the suspect's tax crime case, in which he sold falsified invoices," the directorate general of taxation's law enforcement director, Dadang Suwarna, said at a press conference on Thursday.

Amie faces maximal imprisonment of 20 years and a Rp 10 billion fine over the alleged money laundering.

Amie has previously been found guilty of selling fake tax invoices in a case that saw him sentenced to two years in prison and a Rp 246.8 billion fine.

The tax authority recently completed a similar investigation into money laundering connected to alleged tax crime in a case implicating a taxpayer named Rinaldus Andry Suseno, who is currently being tried at the West Jakarta District Court.

Dadang urged taxpayers to calculate, pay and report their taxes correctly, adding that “manipulations” would be prosecuted under the prevailing laws and regulations. (bbn)

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