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Experts slam massive discount in fines for Indonesian palm oil billionaire

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 […]

Financing a Fair Energy Transition through Fossil Fuel Subsidy Reform

Financing a Fair Energy Transition through Fossil Fuel Subsidy Reform
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Task force formed to monitor probe of suspicious $23 bln transactions

Jail, but no justice, for perps in Indonesian palm oil corruption case

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 […]

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