Agus Suparmanto‘s Wealth and โคContentious PPP Chairmanship
Former Indonesian Ministerโฃ ofโ Trade Agus Suparmanto is at the center of a dispute regarding his recent acclamation as Chairman of the United Growth Party (PPP), a claim the partyโ itself disputes as violating its internal regulations.โ This comes as scrutiny โคof Suparmanto’s substantial wealth, publicly disclosed in a 2021 assets โreport, resurfacesโ amid the political controversy.
The dispute over Suparmanto’s leadership and renewed attention to his financial holdingsโข highlight โongoingโ concerns about transparency and governance within Indonesian politics. The PPP’s rejectionโ of the acclamation raises questions โabout โฃthe party’s internal dynamics andโข the โlegitimacy of the process,while the details of Suparmanto’s wealth offer a glimpse into the financial profile of a prominent political figure. The outcome of this internal partyโ conflict โcould significantly impactโ the PPP’s future โdirection and its roleโ in Indonesianโฃ politics.
According to aโ report submitted to the Corruptionโ Eradicationโ Commission (KPK) โon March 31, 2021, Agus โSuparmanto’sโ total โขwealth โamountedโฃ to rp 1,625,410,685,152 (approximately $104.7 millionโ USD based on โ2021 exchange rates). this wealth is comprised ofโ a diverse portfolio of assets.
The largest component ofโ Suparmanto’s wealthโค isโฃ real estate, โคtotalingโข Rp 896,443,102,000, spread across 15 propertiesโฃ in South โฃJakarta, Bandung, Badung, and Singapore. He also owns two vehicles – a 2019 Lexusโฃ RX 300 Luxury 4×2โฃ valued at Rp 1,300,000,000 โand a 2006 โคLexus GS โฃ300 valued at Rp 250,000,000โ – for a combined โขvalueโ of Rp 1,550,000,000.
Beyond property and vehicles, Suparmanto’s assets include Rp 950,000,000 in other movableโ assets, Rpโ 766,273,000,000 in โsecurities, and Rp 51,213,209,476 in cash and cashโ equivalents. He also reported a debt of Rp 91,018,626,324, bringing his โคnet worth to Rp 1,625,410,685,152.
Recent reports indicate โฃthe PPP has contested the claim that Suparmanto was chosen as chairman by acclamation, asserting the processโข does not align with the party’sโ Articles ofโ Association and bylaws (AD/ART). (https://nasional.kompas.com/read/2025/09/28/11322061/ppp-sebut-klaim-aklamasi-agus-suparmanto-tidak-sah-menurut-ad-art)
