Thomas Trikasih Lembong (born 4 March 1971),colloquially known as Tom Lembong,is an Indonesian politician. Since 27 July 2016,he has been Head of Indonesia's Investment Coordinating Board (Badan Koordinasi Penanaman Modal). He formerly served as Minister of Trade of Indonesia from 12 August 2015 to 27 July 2016.[2][3]
2006:Founding member and managing partner and CEO,Quvat Management,a private equity fund established in 2006,also working with Principia Management Group,Jakarta.
2008:elected as a Young Global Leader at the World Economic Forum.
On 12 August 2015,President Joko Widodo ("Jokowi") appointed Thomas Lembong as Minister for Trade in the first cabinet reshuffle since the Jokowi administration had taken office on 27 October 2014.[6] Thomas Lembong held the position until he was appointed as Head,Investment Coordinating Board,in July 2016.[7] On taking over as Head of the Investment Coordinating Board,he described President Jokowi's economic reform philosophy as having two principles:openness and competition.
He emphasized that following the cabinet reshuffle and the appointment of Enggartiasto Lukita as the next Trade Minister,he expected that there would be policy continuity in trade and investment policy in Indonesia.[8]
Sugar Import Case
On October 29,2024 Tom Lembong was named as a suspect in the sugar import corruption case. The decision to bring Tom to trial was nearly 10 years after his alleged offense.[9] The alleged offense was based on deals conducted in 2015 when Tom Lembong was Minister of Trade in the Joko Widodo administration.[9]
On July 18th 2025,Tom Lembong,was pronounced guilty of corruption in the sugar importation case and sentenced to four years and six months in prison. He was also awarded a fine of approximately $46,000,with a subsidiary penalty of six months’imprisonment if the fine is not paid.[10] The panel of judges ruled that he did not personally gain from the corruption;and he behaved politely and did not obstruct court proceedings.[10]
While Lembong and his legal team were preparing to appeal the verdict,the current president Prabowo Subianto made a request with the House of Representatives for an abolition for Tom Lembong,using presidential power to throw a defendants case out of court and abolish the prosecution against them.[11] The request was granted,allowing Lembong to walk free out of the Salemba Detention Centre in Jakarta on August 1st,2025.
References
↑ "咱唱反调:汪部长言过其实 印尼投资环境鬼见愁"[Let’s play devil’s advocate: Minister Wang’s exaggeration makes Indonesia’s investment environment very worrying-]. guiwan.iotasilane.com. October 20, 2019. Retrieved February 13, 2024.
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