Luhut insinuates that large palm oil companies have offices abroad, who is that?

KOMPAS.com – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said he would carry out audits of palm oil companies and ensure they set up headquarters in Indonesia.

Luhut admitted that President Jokowi had asked him to solve the problem cooking oil in Java and Bali.

“As soon as the President asked me to manage cooking oil, people thought it was only cooking oil. No. I went straight upstream. You have read in the media, we have to audit all palm oil,” he was quoted as saying. BetweenFriday (27/5/2022).

According to Luhut, the audit was conducted to identify and identify existing palm oil businesses. This includes the area of ​​the garden, production to the head office.

Read also: Wilmar Group Trapped by Cooking Oil Corruption, This is the Owner’s Profile

“I reported to the President, ‘Sir, headquarters(Headquarters) must all move here’,” he said.

Luhut said the head office of palm oil companies must be in Indonesia in order for them to pay taxes. The reason is that there are still many palm oil companies whose head offices are abroad, causing Indonesia to lose potential income from taxes.

“Imagine he has 300-500 thousand (hectare), headquarter-abroad, he pays his taxes abroad. Not gonna happen. You have to move your headquarter to Indonesia. (You can’t. You have to move your head office to Indonesia),” he said.

Then who is the company Luhut is referring to?

As is known, Luhut did not specifically mention the name of the company that owns large oil palm plantations that make a lot of profit in Indonesia, but chose to have its head office abroad.

Read also: Is it true that Luhut also has a palm oil business?

Wilmar Group from Singapore

If you refer to the area of ​​​​oil palm plantations that reach hundreds of thousands of hectares in Indonesia, it will narrow to a few players, the Wilmar Group could be one of them. Apart from Wilmar, a number of Singaporean and Malaysian companies are also recorded to control many oil palm plantations in Indonesia.

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