Tanoto Center for Asian Family Business and Entrepreneurship Studies

While Sukanto Tanoto is known for tax fraud, creating environmental disasters and destroying rainforests in Indonesia, he acts like a good samaritan giving millions of dollars as donations to the Universities.

The latest is a donation to HKUST in Hong Kong with donations from Tanoto Foundation and Mr James E Thompson To Boost Study on Asian Family Business and International Business Related Cases.
They named the center after him
The Tanoto Center for Asian Family Business and Entrepreneurship Studies

The Hong Kong University of Science and Technology (HKUST) received donations from Mr Sukanto Tanoto, Chairman of RGE Group and the Founder of Tanoto Foundation and Mr James E Thompson, Founder and Chairman of Crown Worldwide Group, to boost the study on Asian family business, entrepreneurship and business cases. In appreciation of this act of generosity and support, the University named the Tanoto Center for Asian Family Business & Entrepreneurship Studies and the Thompson Center for Business Case Studies in their honor respectively today.

See the news here


You can write an email to the provost and directors

afbs@ust.hk, ophkust@ust.hk, rking@ust.hk, pengq@ust.hk, info@coolearth.org, ernestchan@ust.hk, ni@ust.hk, wmcheung@ust.hk, glorialeung@ust.hk, preschan@ust.hk, presada@ust.hk, preschoy@ust.hk, provost@ust.hk, leonard@ust.hk

Dear Madam & Sir
I have noted with concern that you are accepting donation from Sukanto Tanoto and established theTanoto Center for Asian Family Business and Entrepreneurship Studies at HKUST.
Sukanto Tanoto is the CEO of APRIL (Asia Pacific Resources International Limited). APRIL is a company which is known to be responsible for clearing massive areas of rainforest in the Indonesian province of Riau to create acacia plantations.APRIL is also draining large areas of peat bog. APRIL’s production methods are an ecological, social, and climatic catastrophe.
Are you comfortable having a centre named after a man who is famosu for tax fraud and destroying rainforests in Indonesia.
The rainforest on Sumatra is a highly diverse ecosystem – if the forest dies, the native animals and plants will have no chance to survive. This development especially threatens the critically endangered Sumatran Tiger – the greatest threat to this animal is listed as “the loss of habitat through palm oil and acacia plantations.” In 2010, APRIL was banned from the FSC certification system as a consequence of its production methods.
Furthermore, the rainforest is home to agricultural communities that process products traditionally and sustainably. The plantations are threatening to drive these farmers from their land and destroy their livelihoods.
The peat bogs in particular are important natural carbon sinks. In destroying the bogs, massive quantities of stored greenhouse gases are released into the atmosphere. Due to the destruction of its rainforests, Indonesia is the third-largest CO2 emitter in the world. The acacia plantations created to manufacture PaperOne paper exacerbate the negative impact on our climate.
As a respected university, you should share responsibility for ensuring that the donation you accept does not come from operation that destroy the environment, causing global warming, and destruct the habitat of human and animals.
I emphatically request that you consider the donation, consequently setting a positive example of how universities can embody corporate responsibility, respect for human rights, and environmental protection.

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