TBI Semarang went bankrupt in 2012, going out of business after 5 lackluster years. During that time it had been the victim of visa scams, 6 different claims of sexual harassment by female employees against Helmy, the former manager, who also embezzled around $8000 from the budget. Typically, he was recommended by a former manager who…
In this photo we see the Javanese dancing girls which were procured for the TBI Semarang Grand Opening. Clearly there were great hopes held for TBI Semarang once. Retty- Luke Preece’s predecessor as the Head of Franchise- had sold yet another franchise and things were looking up for TBI. It now had a presence in…
This photo comes from the opening of TBI Semarang in 2008. It comes from the TBI Semarang Facebook, which hasn’t been updated in several years! We have some big news to bring readers on TBI Semarang on Monday. We will send a free Tibby doll to the first three readers who write in to us…
This afternoon we continue our investigation to one of TBI’s dirtiest little secrets: tax evasion on a massive scale. In the first two parts of this investigation, we looked how TBI had ripped off the Indonesian government and people by paying only $40 tax on $69,700 revenue at Menara Kuningan in October 2011. Its income…
Part 2: TBI’s Income Tax Scams This evening we continue our investigation into TBI’s shocking record of tax avoidance. A couple of days ago we leaked a copy of the TBI Kuningan Income Statement from October 2011 prepared by Reza Suriansha and his team in Finance. Your current…
Part 1: Avoiding Paying Corporate Tax Over the coming days we will be raising some awkward questions about the Menara Kuningan Income Statement which we leaked yesterday. It has already generated a lot of views and we see this as a good opportunity to level the playing field.…
Michelle now writes to us using the pronouns ‘we’ and ‘us’. For example: How can we believe anything you say? Now when people using a single name speak they use the pronoun ‘I’, so it is by no means clear what Michelle means when she refers to herself as ‘we’. Cameron suggested that Luke might…
By the time Luke Preece got rid of Cam, TBI Kuningan was booming and revenue had reached $70,000 in a single month (it was soon revised to over $80,000 after Cam had questioned some dodgy accounting.) In this incredible screen dump, which we will analyze this evening, we see that TBI paid a measly $40…
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