Toba Pulp Named Corporate Suspect in Transfer Pricing Case

JAKARTA – The Attorney General’s Office (Kejagung) has set a new status for PT Toba Pulp Lestari (TPL) in the ongoing investigation into transfer pricing corruption. Investigators from the Deputy Attorney General for Special Crimes (Jampidsus) named the pulp and forest management company as a corporate suspect.

Last month, the investigative team also named two individual suspects from the tax authority in connection with the corruption case, which caused losses to state finances of around Rp 2 trillion.

Director of Investigation at Jampidsus Saiful Bahri Siregar explained that PT TPL has held suspect status since Monday (7/9/2026).

“Investigators have named PT TPL as a corporate suspect in connection with the transfer pricing corruption case involving the corporate entity during the period 2008 to 2025,” said Saiful at the Round Building, Jampidsus, Kejagung, Jakarta, on Monday (8/9/2026).

Saiful explained that PT TPL was originally named PT IIU, established in April 1983. The company changed its name in February 2001. From 2008 to 2025, the company conducted business by exporting pulp to its affiliate, DP MMI Ltd, based in Macau.