This is the briefing paper (and it is uncharacteristically brief) sent to the Indonesian Attorney General, in October 2000, at the latter’s request. Ed.

The following is a list of Indonesian investors we are aware of who are related to the Suharto regime or family, along with a summary of the state of their holdings and our knowledge of the investments. It has been compiled as a result of a request made by Mr Darusman to Mr Aziz Choudry during his visit to Indonesia, on 26 August 2000.

The primary source of the material is from decisions made by the New Zealand Overseas Investment Commission (OIC) since December 1989. The OIC is a statutory body which must approve all foreign investment, defined as control of 25% or more of an investment, within certain categories. Those categories have changed somewhat over the years, but are generally as follows:

• businesses or property worth more than NZ$50 million (increased from NZ$10 million in November 1999);
• land over 5 hectares and/or worth more than NZ$10 million;
• any land on most offshore islands;
• certain sensitive land over 0.4 hectares (e.g. on specified islands, containing or next to reserves, historic or heritage areas, the foreshore or lakes);
• fishing quota (rights to catch fish for commercial purposes).

Thus, it is quite possible that other investment has escaped notice.

Material has been supplemented from information supplied by Dr George Aditjondro of Newcastle University, Australia, and public sources which can be supplied on request.

Indonesian investment with no known associations with the Suharto regime has been omitted.