Eddy Tansil Explained

Eddy Tansil
Birth Name:Tan Tjoe Hong
Birth Date:2 February 1953
Birth Place:Makassar, Indonesia
Charge:Embezzlement
Penalty:17 years
Conviction Status:Escaped May 1996

Eddy Tansil, born Tan Tjoe Hong (Chinese: ||poj=Tan Chu Hong|t=陳珠芳, born 2 February 1953) is an Indonesian businessman of Chinese descent who bribed his way out of Cipinang Prison, Jakarta, on 4 May 1996 while serving a 17-year sentence for embezzling $420 million in loans from Bank Pembangunan Indonesia, which subsequently went bust and was amalgamated into Bank Mandiri.[1] [2]

Criminal penalty

In 1994, Tansil was sentenced to 17 years in prison, fined 30 million rupiah, ordered to pay 500 billion rupiah compensation, and repay state losses of 1.3 trillion rupiah.[3] Tansil's escape in 1996 was facilitated by corrupt prison officials.[4]

After prison escape

An anti-corruption watchdog, Gempita, determined in 1998 that Tansil was conducting business under a corporate license of German company Becks Beer in Putian, Fujian, China.[5]

In 2013, Eddy Tansil's presence in China since 2011 was confirmed, and an extradition request was submitted to the Chinese government. In 2015, Tansil was reportedly residing in Macau.[6]

Indonesian news website Tirto.id in July 2019 reported that Tansil had defaulted on a bank loan in China in 2002. He had reportedly borrowed 389.92 million renminbi (then $47 million) from the Bank of China, putting up land assets and two factories in Putian as collateral, but failed to repay the amount and then challenged efforts to confiscate his assets.[7]

Family

He is a brother of Hendra Rahardja, a banker whose loans to his own companies and his family's businesses were not repaid, resulting in losses of $264 million, and who died in custody in Australia during proceedings to extradite him to Indonesia.[8]

Notes and References

  1. News: Ford . Maggie . Indonesia: the challenge of growth . 2 January 2020 . Euromoney . 31 March 1997.
  2. News: Bank Scandal May Expose Corrupt Links in Indonesia. New York Times. May 28, 1994. October 9, 2016.
  3. News: Dicari Sejak 1996, Eddy Tansil Pembobol Bank Rp 1,3 T Tak Juga Terlacak . 2 January 2020 . detikcom . 28 May 2014.
  4. Book: Pepinsky . Economic Crises and the Breakdown of Authoritarian Regimes: Indonesia and Malaysia in Comparative Perspective . 17 August 2009 . Cambridge University Press . 978-0-521-76793-4 . 59– . 10.1017/CBO9780511609954 . Thomas Pepinsky.
  5. News: Earl . Greg . Fugitive Indonesian swindler found running China brewery . 2 January 2020 . Australian Financial Review . 30 December 1998.
  6. News: Pramadiba . Istman Musaharun . 12 January 2015 . Interpol Makau Datang, Soal Eddy Tansil? . tempo.co . Riza . Budi . 11 September 2016.
  7. News: Sumandoyo . Arbi . Hanifan . Aqwam Fiazmi . 20 July 2019 . Eddy Tansil Kabur dari Indonesia lalu Bikin Onar di China . Tirto.id . Salam . Fahri . 2 January 2020.
  8. News: Hendra Rahardja Meninggal di Australia . 2 January 2020 . Liputan6.com . 27 January 2003.