Military troops and police in West Java province on Friday took control of some 124 hectares of land controlled by Tommy Suharto and his PT Timor Putera Nasional company over some 2.6 trillion rupiah in debts owed to state coffers.
The seizure was part of a broader bid to recover some $7.7 billion in unpaid loans given as bank bailouts during the 1997-1998 financial crisis, it added. Suharto died of natural causes in 2008 after three decades of military-led rule that was marked by corruption on a massive scale.