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The Luxury Goods Business Octopus of Irwan Mussry Whose Name Was Once Investigated by the Corruption Eradication Commission as a Witness in a Money Laundering Case

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The Luxury Goods Business Octopus of Irwan Mussry Whose Name Was Once Investigated by the Corruption Eradication Commission as a Witness in a Money Laundering Case The luxury goods business of Irwan Mussry, husband of Maia Estianty (credit: Instagram.com/maiaestiantyreal/)

Kapanlagi.com - Irwan Mussry is known as the CEO of Time International, a retail company that offers various luxury goods such as watches and fashion. However, the husband of Maia Estianty was implicated as a witness in a corruption case at the Customs and Excise Office.

On September 20, 2023, Irwan Mussry attended the summons of the Corruption Eradication Commission (KPK) to testify regarding a money laundering case at the Directorate General of Customs and Excise of the Ministry of Finance.

His retail company was also highlighted in connection with allegations of funds received by former Head of Customs and Excise in Yogyakarta, Eko Darmanto. So, what is the luxury goods business octopus of Irwan Mussry like? Find out more here, KLovers.

 

 

 

1. Company Journey of Irwan Mussry

The success journey of Time International, owned by Irwan Mussry, apparently began with Gucci Timepieces in 1984. They introduced a collection of luxury watches from Gucci to the Indonesian market. The year 1989 became the next historic chapter in the success story of Time International. In this year, Tag Heuer, a world-class watch brand, became a partner of the company.

 

 

 

2. Luxury Watch Retail Business

Based on its profile, PT Timeperindo Perkasa Internasional or Time International is known as a leading brand builder and retailer. This company, founded in the 1960s, has grown into an exclusive retailer of luxury watches through The Time Place, INTime, and Urban Icon.

"Time International is proud of our commitment to the promotion and appreciation of horological culture, luxury fashion, and lifestyle," the company continued. "Founded in the 1960s and currently managed by the second generation, Time International manages and operates multi-brand retail stores." As reported by liputan6.com, quoted from the company's official website.

3. Opening a Boutique with Luxury Brands

In addition to luxury watches, Time International also operates in the fashion industry through boutiques with various luxury and well-known brands. Among its collections are Bell & Ross, Berluti, Breitling, Cartier, CELINE, Chanel, Chopard, Ermenegildo Zegna, FENDI, Fossil, Innisfree, Laneige, Lumine, TAG Heuer, Tissot, Tory Burch, and Valentino. It's no wonder that Time International continues to lead and manage a retail network with various top brands.

Opening their first multi-brand Fine Timepieces boutique back in 1999, they now have 4 stores in Jakarta and Surabaya. In 2008, the company entered a new chapter by opening a Chanel store. And in 2013, a Fendi store was opened. A year later, in the journey of luxury fashion, Time International opened with the presence of Tory Burch. As of 2021, they already have 5 dedicated Tory Burch stores in Plaza Indonesia.

 

 

 

4. Company Has the Largest Service Center in Jakarta

Through Time Care and Watch Care, Irwan Mussry's Time International company claims to have the largest service center in Jakarta. This shows that Irwan Mussry's company strives to ensure customer satisfaction and trust.

"Time Care and Watch Care, complete with advanced technology that provides professional after-sales service for all brands sold in retail stores," as reported on the official Time International website.

 

 

 

5. Expanding into the Beauty Business World

The year 2015 was an important turning point in the history of Time International. The reason is that Irwan Mussry's company expanded into the beauty world by opening the first Chanel perfume and cosmetics store at Plaza Indonesia, Jakarta. And in 2017, it also expanded its business in the beauty field with a Korean beauty brand called Innisfree.

 

 

 

6. Having a Foundation

The year 2021 is a commitment in the social field of Time International company. The company officially established a foundation named Yayasan Bakti untuk Bangsa (Foundation for the Nation's Service). The establishment of Yayasan Bakti untuk Bangsa shows the contribution of Maia Estianty's husband's company to the welfare of the community.

 

 

 

7. Revealing that the Company is not Related to the Corruption Investigation at Customs

His name was associated with a corruption case involving Eko Darmanto, Irwan Mussry carefully stated his answer. He revealed that his company did not receive or provide any funds related to the case. He also denied that his examination by the Corruption Eradication Commission (KPK) was related to luxury watch transactions with Eko Darmanto.

"No, this incident happened a long time ago, so I don't know how to remember. It's not about buying and selling watches, so these are just some explanations for other things, it has no connection to the purchase of watches, it's clear," he said as quoted from liputan6.com.

That is the business octopus of Irwan Mussry, whose name was briefly examined by the KPK regarding alleged corruption cases at Customs.

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(kpl/nlw)

Disclaimer: This translation from Bahasa Indonesia to English has been generated by Artificial Intelligence.
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