The Business Times

Gudang Garam

Companies & Markets

OCBC’s police report: Who is Susilo Wonowidjojo, and what’s the story with Gudang Garam?

OVER the Feb 4-5 weekend, news broke that OCBC’s Indonesian branch had filed a police report against one of Indonesia’s top billionaires.

PT Bank OCBC NISP filed the report against Susilo Wonowidjojo, an owner and president director of Gudang Garam, on fraud allegations relating to some 232 billion rupiah (S$20 million) in troubled loans, the lender’s lawyer Hasbi Setiawan says.
Companies & Markets

OCBC unit files police report against Gudang Garam owner

The Indonesian arm of OCBC Bank filed a police report against a billionaire owner of cigarette-maker PT Gudang Garam.

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