JAKARTA (The Straits Times/Asia News Network): An Indonesian court has sentenced palm oil tycoon Surya Darmadi to 15 years in prison and fined him a record 41.9 trillion rupiah (US$2.75 billion) – the first time a penalty for corruption was determined based on losses to the economy, on top of losses to the state.
JAKARTA Anticorruption activists in Indonesia have criticized as too lenient the sentences handed down by an Indonesian court against officials at the center of a cooking oil shortage that rocked the world’s top producer of palm oil. A trade ministry official, a prominent economist, and three palm oil executives were on Jan. 4 convicted […]
The Attorney General’s Office handed over the suspects and evidence collected in a case of alleged corruption in the granting of crude palm oil (CPO) .
/ Staff writer, with CNA, GWANGJU, South KoreaTaiwan’s compound mixed team yesterday won a gold medal at the Archery World Cup stage 2 event in Gwangju, South Korea, defeating Estonia 148-144.