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Indonesian palm oil billionaire gets 15 years for corruption

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, […] ....

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Indonesian court sentences business tycoon to 15 years in huge corruption case

Palm oil magnate Surya Darmadi must also pay U.S. $2.7 billion as compensation for losses to the state. ....

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Trial of palm oil tycoon Surya Darmadi begins in Jakarta

Palm oil tycoon Surya Darmadi began trial in Jakarta on Thursday over an alleged corruption scheme that deforested tens of thousands of hectares on the island of Sumatra. “He is very happy the file has been submitted to the court so that he can defend himself,” Surya’s lawyer, Juniver Girsang, told reporters on Wednesday. Surya […] ....

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Prosecutors Seize Two Bali Hotels Belonging to Palm Oil Tycoon Surya Darmadi

Prosecutors obtained a warrant for the seizure of Holiday Inn Resort Bali Hotel and Holiday Inn Express Bali Hotel from a Denpasar court. ....

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Suspect in $5b Graft Scandal Turns Himself in to Prosecutors

Surya Darmadi and his companies reaped Rp 600 billion in monthly profit from doing business on the illegally-occupied state lands. ....

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