Who Owns the Wilmar Group? $1.18 Billion Seized by Indonesia's Anti-Corruption Agency in CPO Facility Corruption Case

The Shiro Corporation Who is the owner of the Wilmar Group whose assets worth 11.8 trillion Rupiah were seized by the Attorney General's Office (Kejagung)?

The seizure of Rp11.8 trillion related to the corruption case involving the provision of export facilities for crude palm oil (CPO) to PT Wilmar Group in 2022.

The Prosecution Director of Jampidsus at the Attorney General's Office, Sutikno, revealed that five subsidiary companies of PT Wilmar Group have been designated as corporate defendants.

The five subsidiaries are PT Multimas Nabati Asahan, PT Multi Nabati Sulawesi, PT Sinar Alam Permai, PT Wilmar Bio Energi Indonesia, PT Wilmar Nabati Indonesia.

Sutikno said that the seized money was based on an audit conducted by the Financial and Development Supervisory Agency (BPKP) as well as a study from the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM).

"There are three forms of state losses, namely state financial loss, illegal gain, and economic loss of the state, totaling Rp11,880,351,802,619," said Sutikno in a press conference at the Attorney General's Office, South Jakarta on Tuesday (17/6/2025).

So who owns the Wilmar Group?

The founding of the Wilmar Group According to the official website wilmar-international.com, the Wilmar Group was founded in 1991 by Kuok Khoon Hong and Martua Sitorus.

The first company established was Wilmar Trading Pte Ltd, which had a paid-up capital of 100,000 Singapore dollars and employed only 5 people.

In the same year, as reported by Kompas.com, Wilmar immediately established its first oil palm plantation in West Sumatra covering 7,000 hectares.

Perkebunan tersebut dikelola perusahaan bentukan Wilmar bernama PT Agra Masang Perkasa (AMP).

In line with this, the company also acquired and built a number of refineries in North Sumatra, Riau, to South Sumatra.

Wilmar's business continues to grow year by year.

Entering the year 2000, Wilmar began to develop and market consumer cooking oil in Indonesia under its own brand, which is Sania.

In that year, Wilmar also acquired three coconut crushing mills in Sulawesi with a total daily capacity of 900 MT.

Furthermore, in 2005 the company acquired controlling shares of PT Cahaya Kalbar Tbk listed on the Jakarta Stock Exchange.

PT Cahaya Kalbar Tbk is a manufacturer of special oils and fats for the chocolate industry, candy industry, bakery ingredients industry, as well as the beverage and food industry.

Subsequently, on July 14, 2006, Wilmar Trading Pte Ltd changed its name to Wilmar International Limited following the completion of the buyback of Ezyhealth Asia Pacific Ltd.

The company then re-listed its shares on the Singapore Exchange on August 8, 2006, after successfully placing equity at 0.80 Singapore dollars per share, resulting in approximately 180 million US dollars.

Wilmar Group currently

Today, Wilmar is one of the largest owners of oil palm plantations in the world with a total planted area of 232,053 hectares as of December 31, 2020.

Of that total, about 65 percent of Wilmar's oil palm plantations are in Indonesia, 26 percent in East Malaysia, and 9 percent in Africa.

"In Indonesia, our plantations are located in Sumatra, West Kalimantan, and Central Kalimantan (the southern region), while in Malaysia, they are located in the states of Sabah and Sarawak," the company's official website stated, as quoted on Wednesday (20/4/2022).

Through a joint venture, Wilmar also owns plantations in Uganda and West Africa covering around 46,000 hectares.

"We also directly manage 35,276 hectares under the smallholder scheme in Indonesia and Africa, and 157,515 hectares through partners in Africa. We are committed to purchasing all the fruit produced by smallholder plantations," he emphasized.

In addition to plantations, Wilmar also has palm oil mills to process the harvest from its own plantations.

The Wilmar Group's products from oil palm cultivation and milling are crude palm oil and palm kernel.

Wilmar claims to be the world's largest producer of packaged consumer vegetable oil, with leading market positions in China, Indonesia, India, Vietnam, Sri Lanka, and several African countries.

Cooking oil produced by Wilmar that is quite well-known in Indonesia includes brands such as Sania, Fortune, Siip, and Sovia.

In addition to palm oil, Wilmar also has a production line for rice, flour, noodles, and seasonings under a diverse portfolio of brands.

In addition to this, Wilmar is also one of the largest fertilizer players in Indonesia, with a production capacity of 1.2 million MT per year dedicated to compound fertilizers containing nitrogen, phosphorus, and potassium (NPK).

"The fertilizer business is directed towards the palm oil sector, in line with one of Wilmar's core businesses. The extraordinary growth in new planting areas over the last decade has led to an increase in fertilizer demand, thus leading to the expansion of the fertilizer business unit," the company explained.

That was an overview of who owns the Wilmar Group, check who owns the Wilmar Group in Indonesia and its connection to PT Wilmar Nabati Indonesia.

Money of 11.8 Trillion Rupiah Seized

As information, the Attorney General's Office (AGO) announced the seizure of funds amounting to Rp11.8 trillion from the Wilmar Group related to a corruption case involving the provision of export facilities for crude palm oil (CPO) in 2022, on Tuesday, June 17, 2025.

The Director of Prosecution for Jampidsus at the Attorney General's Office, Sutikno, revealed that the seized money was based on an audit conducted by the Financial and Development Supervisory Agency (BPKP) as well as a study from the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM).

There are five subsidiary companies of PT Wilmar Group that have been designated as corporate defendants.

The five subsidiaries are PT Multimas Nabati Asahan, PT Multi Nabati Sulawesi, PT Sinar Alam Permai, PT Wilmar Bio Energi Indonesia, PT Wilmar Nabati Indonesia.

"There are national losses in three forms, namely state financial loss, illegal gain, and national economic loss, totaling Rp11,880,351,802,619," said Sutikno in a press conference at the Attorney General's Office, Jakarta on Tuesday (17/6/2025).

Sutikno also provided details regarding the national losses amounting to tens of trillions of rupiah.

He said that PT Multi Mas Nabati Asahan caused a loss to the state amounting to IDR 3,997,042,917,832.42 (IDR 3.9 trillion).

Next, PT Multi Nabati Sulawesi caused losses amounting to IDR 39,756,429,964.94 (IDR 39.7 billion).

PT Sinar Alam Permai caused the state to lose a sum of IDR 483,961,045,417.33 (IDR 483.9 billion). Then, PT Wilmar Bio Energi Indonesia resulted in a loss to the state amounting to IDR 57,303,038,077.64 (IDR 57.3 billion).

The last one is PT Wilmar Nabati Indonesia, which caused state losses of IDR 7,302,288,371,326.78 (IDR 7.3 trillion).

"That in its development, the five corporate defendants returned a portion of the state losses caused, totaling all as follows: the losses that have occurred amounting to Rp11,880,351,802,619," said Sutikno, as reported by Tribunnews.com in an article titled Kejagung Sita Rp11,8 T soal Kasus Korupsi Ekspor CPO Wilmar Group, 5 Anak Perusahaan Jadi Terdakwa.

Sutikno revealed that the money is now stored in a trust account (RPL) belonging to the Deputy General Attorney of Criminal Justice at the Attorney General's Office at Bank Mandiri.

Meanwhile, the seizure of compensation money to the state based on permission from the Chief of the Central Jakarta District Court (PN) No. 40/Pid.Sus-TPK/2025/PN Jakpus.

The seizure is also in accordance with Article 39 paragraph 1 letter a juncto Article 38 of the Criminal Procedure Code because it was used for appeal at the cassation level.

Meanwhile, five corporate defendants are charged under Article 2 paragraph 1 and Article 3 in conjunction with Article 18 of Law No. 31 Year 1999 concerning Eradication of Criminal Acts of Corruption as amended by Law No. 20 Year 2001 concerning the Revision of Law No. 31 Year 1999 concerning Eradication of Criminal Acts of Corruption in conjunction with Article 55 paragraph 1 item 1 of the KUHP.

As information, the Wilmar Group became one of the corporations involved in the case of alleged bribery for the acquittal or release of CPO (Crude Palm Oil) cases.

In this case, the Attorney General's Office has named four judges, one clerk, two lawyers, and one private party as suspects.

From the judge, there is Djuyamto, Agam Syarief Baharudin, and Ali Muhtarom, and Muhammad Arif Nuryanta.

Next, there are also corporate lawyers Marcella Santoso and Ariyanto Bakri.

Subsequently, the Corruption Eradication Commission also designated a suspect from the corporate side, namely Muhammad Syafei, the Head of Social Security and License at Wilmar Group.

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