The Government of Indonesia had brought a civil suit against the Suharto family, charging that they misused the Supersemar Foundations' funds. Instead of using the funds for its intended purpose of providing scholarships for poor children, the Soehartos were found to have funnelled foundation's funds to businesses and banks owned by associates of the former president. According to the Jakarta Post, the Supreme Court announced in a press conference on December 31, 2010 that the Supersemar suit had retrieved Rp. 2.8 trillion (US$307,440,000) for the government. (Source: The Jakarta Post, "Supreme Court retrieves Rp 9.43t in 2010," December 31, 2010)
According to his January 28, 2008 obituary, Mr. Suharto "managed to escape criminal prosecution for embezzling millions of dollars, possibly billions, by having himself declared mentally incapable to stand trial." (Source: Marilyn Berger, "Suharto Dies at 86; Indonesian Dictator Brought Order and Bloodshed," New York Times, January 28, 2008.)
The court involved was the South Jakarta District Court; High Court; Supreme Court.
The contributing factors in this asset recovery was a civil suit.
Assets returned
| Document Title | Size and Format | Document Type | |
|---|---|---|---|
| Link | Media article | Go to site | |
| Suharto Supersemar Fdn Jakarta Post May 16 2013 | 137.89 KB pdf | Media article | Download |