Uncovering the Business Octopus and Legal Trail

His name is increasingly prominent as one of the successful entrepreneurs in the financial and investment sector. Recapital Group, which is the umbrella of his business, is growing rapidly with an investment portfolio that includes the mining, banking, media, and sports sectors.

In the mining sector, Rosan once served as President Commissioner and Independent Commissioner at PT Bumi Resources Tbk (BUMI), one of the largest coal mining companies in Indonesia.

He also held important positions in BUMI subsidiaries, such as PT Arutmin Indonesia and PT Kaltim Prima Coal (KPC). In addition, Rosan was once the President Director of PT Berau Coal Energy Tbk (BRAU).

In the media Digital Marketing Agency Singapore as Commissioner of Lativi Mediakarya, which manages the TV One television station. One of Rosan’s major achievements was the acquisition of the Inter Milan football club in 2014 with Erick Thohir. This step not only increased the prestige of his business on the international stage, but also demonstrated Rosan’s ability to manage global-scale investments.

Legal Traces
Despite his success, Rosan Roeslani’s career has not been free from various legal controversies. One of the most prominent cases is the alleged diversion of funds worth US$173 million (IDR 2 trillion) at BUMI Plc in 2014.

This case began with the Singapore Arbitration decision which stated that Rosan and several other parties were involved in the diversion of funds. However, Rosan has always denied his involvement.

In 2020, Recapital Group was again in the spotlight after its subsidiary, Asuransi Recapital, was closed by the Financial Services Authority (OJK) due to solvency issues.