JAKARTA Experts have slammed a court ruling that significantly slashes the fines imposed on Indonesian palm oil billionaire Surya Darmadi, even as it increased his jail sentence, in the biggest corruption case in the country’s history. The Supreme Court, Indonesia’s highest court of appeals, ruled in a Sept. 14 decision to uphold Surya’s earlier conviction […]
The court also ordered him to pay around IDR 42 trillion (US$2.75 billion) in fines and restitution for the profit he reaped from the illegal palm oil plantations.
JAKARTA A court in Indonesia has sentenced palm oil billionaire Surya Darmadi to 15 years in prison for his role in the biggest corruption case in the country’s history. The Jakarta Anti-Corruption Court ruled on Feb. 23 that Surya had conspired with the elected head of Indragiri Hulu district in Sumatra, Raja Thamsir Rachman, […]