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...country's wealthiest ethnic-Chinese businessmen and a man known for his close ties to the gambling underworld. Taufik and some family members (but not Megawati) were vacationing on an island owned by Winata. Taufik also famously conducted a prolonged shopping spree in New York City with Jacob Nursalim, the nephew of Syamsul Nursalim, one of Indonesia's largest debtors. Indeed, as TIME wrapped up an interview with Taufik at his home on a recent Saturday morning, Jacob could be seen waiting in the wings, tying the shoes of Taufik's three-year-old granddaughter and preparing Taufik's bags...

Author: /time Magazine | Title: Looming Large | 7/8/2002 | See Source »

...TIME: What about big businessmen?and debtors?like Marimutu Sinivasan and Syamsul Nursalim, who has fled the country. Are they friends of yours? You know Nursalim's nephew, Jacob, well. Taufik: I don't know Marimutu, only his secretary. Jacob is an old friend of mine. I know there's a risk and that people will say things, but I don't want to go back to the Suharto era of stigmas when they say you can't hang out with this person or that person. Still, I hope (Jacob's) not playing dirty...

Author: /time Magazine | Title: 'I Have Become the Target' | 7/8/2002 | See Source »

...TIME: Were you involved in the decision?later overturned?to extend repayment terms for Marimutu and for Nursalim? Taufik: I never obstructed the legal process, but let me say this: most governments would prefer someone that can provide jobs (rather) than unemployment...

Author: /time Magazine | Title: 'I Have Become the Target' | 7/8/2002 | See Source »

...Kompas, the nation's largest daily newspaper, say it is the cases the attorney general's office has declined to pursue that expose the current trials as little more than a sop to public opinion. For instance, the $3 billion extended by the central bank to Suharto crony Syamsul Nursalim's troubled business empire in the wake of the 1997 financial crisis remains unexplained, let alone investigated. The Nursalim family has long been closely associated with the President's businessman husband, Taufik Kiemas. Taufik is emerging as the country's second most powerful figure, meeting regularly with senior ministers...

Author: /time Magazine | Title: Mega's trials | 4/1/2002 | See Source »

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