The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Indonesia Authority Reveals $20 Billion of Suspicious Transactions at Ministry of Finance Involving 460 People Mainly from Tax & Customs Agencies from 2009 to 2023, Minister of Finance & Former World Bank Managing Director Sri Mulyani Indrawati Faced Calls to Resign
11th March 2023 | Hong Kong
Indonesia authority has revealed $20 billion of suspicious transactions at Indonesia Ministry of Finance involving 460 people mainly from tax & customs agencies from 2009 to 2023 (14 years), with Indonesia Minister of Finance & former World Bank Managing Director Sri Mulyani Indrawati facing calls to resign. Sri Mulyani Indrawati is Indonesia Minister of Finance since 2016, and was appointed Executive Director at the International Monetary Fund from 2002 to 2004 and the Managing Director & Chief Operating Officer of the World Bank in 2010. In 2022, Indonesia’s 2nd tax amnesty program (6 months) for Indonesian citizens & companies to declare hidden assets had earned the tax authorities $4 billion in tax revenue from $40 billion of assets by 247,918 taxpayers. The first tax amnesty program was in 2016 to 2017 (9 months), with $300 billion of assets declared and $9 billion of tax collected. With the 2 tax amnesty programs by Indonesia government, a total of $340 billion of assets had been declared and $13 billion of tax collected. More info below.
“ Indonesia Authority Reveals $20 Billion of Suspicious Transactions at Ministry of Finance Involving 460 People Mainly from Tax & Customs Agencies from 2009 to 2023, Minister of Finance & Former World Bank Managing Director Sri Mulyani Indrawati Faced Calls to Resign “
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2024 Investment Day | 2024 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong St Regis | 17th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
Sri Mulyani Indrawati, Indonesia Minister of Finance (Since 2016)
Born in Tanjung Karang, Lampung, Indonesia on August 26, 1962, Sri Mulyani Indrawati earned her bachelor’s degree in Economics from University of Indonesia (1986). She then continued her studies in University of Illinois at Urbana-Champaign, United States and earned her Ph.D. in Economics (1992). As a specialist in public finance, fiscal policy and labor economics, she was chosen as the Executive Director at the International Monetary Fund from 2002 to 2004. In October 2004, she received her first cabinet appointment as Indonesia’s Minister of Development Planning. In December 2005, she started new post as the Minister of Finance. She was then appointed as the Managing Director and Chief Operating Officer of the World Bank in June 2010.
In July 2016, she came back to Indonesian public service as Minister of Finance. In February 2018, she was awarded as the “Best Minister in the World” at the World Government Summit in Dubai. On October 23, 2019, Sri Mulyani Indrawati was reappointed as Minister of Finance in the second term cabinet of President Joko Widodo. In October 2020, she received an award from the Global Markets magazine as the Finance Minister of the Year for East Asia Pacific in recognition of her efforts in handling COVID-19 pandemic in Indonesia. (Source: World Bank)
Indonesia 2nd Tax Amnesty Program: $4 Billion Tax on $40 Billion Assets Declared, Total $13 Billion Tax on $340 Billion Assets Representing 32% of Indonesia $1.05 Trillion GDP
7th July 2022 – Indonesia’s 2nd tax amnesty program (6 months) for Indonesian citizens & companies to declare hidden assets has earned the tax authorities $4 billion in tax revenue from $40 billion of assets by 247,918 taxpayers. The first tax amnesty program was in 2016 to 2017 (9 months), with $300 billion of assets declared and $9 billion of tax collected. With the 2 tax amnesty programs by Indonesia government, a total of $340 billion of assets had been declared and $13 billion of tax collected. The $340 billion assets declared represents around 32% of Indonesia’s GDP ($1.05 trillion). Indonesia Finance Minister Sri Mulyani Indrawati: ”We’re not going to hold another tax amnesty. All the data that we got from this programme will become our baseline to do enforcements.” According to Business Times Singapore:”8,000 participants declared S$5.3 billion of assets in Singapore.”
Indonesia 2nd Tax Amnesty Program: $4 Billion Tax on $40 Billion Assets Declared
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014