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Encyclopedia > Sudono Salim

Sudono Salim (Chinese: 林绍良, Liem Swie Liong or Lim Sioe Liong) (born 10 September 1915), an ethnic-Chinese Indonesian (Chinese Indonesian) of Hok-Chia (Fu Qing Province in China) origin, is considered one of the most successful entrepreneurs in Indonesia, although it is widely suspected that his successes are through bribery and partisanship. At one point in time, he was believed to be the richest individual in Indonesia. His businesses were mostly without competition, due largely to his strong ties to then-president Suharto and co-ownership with prominent politicians and public figures. He monopolized the Indonesian cement and flour industries, among many others. He also owns the company Indofood Sukses Makmur that manufactures one of the most popular instant noodle brands in Indonesia, Indomie. He also used to own Bank Central Asia (BCA), the largest non-government-owned bank in Indonesia, until 1998 when the company was confiscated by the Indonesian government. The monopolistic nature of his businesses left many grumbling, and during the Jakarta Riots of May 1998, his mansion in Jakarta was burnt to the ground. He has since resided in the United States in an undisclosed location. September 10 is the 253rd day of the year (254th in leap years). ... 1915 (MCMXV) was a common year starting on Friday (see link for calendar). ... Indonesian Chinese refers to overseas Chinese living in Indonesia. ... Haji Mohammad Soeharto (born June 8, 1921), more commonly referred to as simply Soeharto (Suharto in the English-speaking world), is a former Indonesian military and political leader. ... BCA was first founded on 21 February 1957 as Bank Central Asia NV. A lot of things have happened since then—the most significant of all being perhaps the Asian monetary crisis in 1997. ... The neutrality of this article is disputed. ...


See also

Below is the list of famous Chinese Indonesians: // [edit] Politics Oei Tjoe Tat, Old Order politician and once President Soekarnos advisor Soe Hok Gie, political analyst and activist in 1960s Arief Budiman (Soe Hok Djin), scholar in political studies. ...

References


  Results from FactBites:
 
CNN.com - Indonesia fears Salim will win BCA - January 11, 2002 (786 words)
Anthony Salim, the son of the conglomerate's founding tycoon Sudono Salim, has given his word that he will not try to buy back the shares of BCA, Sukardi claims.
Patriarch Sudono Salim was a close crony of former president Suharto.
Salim Group did something awful, and it was not appropriate if they control the shares again," he said.
[A-List] Indonesia: privatisation woes (1517 words)
In a race to protect the Salim family jewel, Anthony was the first to knock on the door of the Indonesian Bank Restructuring Agency (IBRA).
IBRA was given 93 percent of the bank, with the remaining 7 percent still with the Salim family.
Laksamana, trusted implicitly by Megawati, was appointed by her on August 9 and she took the opportunity to elevate him to the lofty position of IBRA supremo.
  More results at FactBites »


 

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