Indonesia plans to let corruptors, tax evaders, and forest and mining illegal poachers to put their money in government bonds, in a move that would reprieve criminals of their past crimes and provide government with additional revenue.
“We have reasons to study and throw this idea to the public. We have very limited data of Indonesians’ possessions and wealth abroad,” said Mekar Satria Utama, director of counseling, service and public relations with the director general of tax at the Finance Ministry on Friday.
“We heard there are 3,000 to 4,000 trillion rupiah [of Indonesians’ assets] in Singapore. That’s the potential,” Mekar said.
The tax directorate general said last week that the government is preparing a bill that will grant amnesty to criminals — except drugs offenders and terrorists — as long as they agree to bring in their ill-gotten money to Indonesia under the government’s terms and conditions. The government is targeting to complete the bill by October.
The original article can be found at thejakartaglobe.beritasatu.com