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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 […]

Bambang , Jawa-timur , Indonesia , Bogor , Jawa-barat , Gadjah , Jakarta , Jakarta-raya , Indonesian , Ketut-sumedana , Rony-saputra , Surya-darmadi

Official found guilty of corruption after accepting $1.3M in bribes from dirty industry: 'This is only the tip of the iceberg'

Experts say this is not an isolated incident but likely represents more widespread corruption.

Indonesia , United-states , Riau , Indonesia-general- , Maluku , Sulawesi-selatan , Americans , Indonesian , Annas-maamun , Surya-darmadi , Raynaldo-sembiring , Muhammad-syahrir

Indonesian audit finds taxes unpaid on 22 million acres of oil palm plantations

JAKARTA — A government audit on Indonesia’s palm oil industry found that 9 million hectares (22.2 million acres) of concession holders — an area three times the size of Belgium — don’t pay taxes. According to Luhut Pandjaitan, the chief minister in charge of investments, including the palm oil industry, the government arrived at that […]

Indonesia , Jambi , Belgium , Riau , Indonesia-general- , Jakarta , Jakarta-raya , Sawit , Jawa-tengah , Indonesian , Duta-palma , Achmad-surambo

Tycoon fined in first graft penalty based on losses to economy

A local court has sentenced palm oil tycoon Surya Darmadi to 15 years in prison and fined him a record 41.9 trillion rupiah (RM12.3bil) – the first time a penalty for corruption was determined based on losses to the economy, on top of losses to the state.

Riau , Indonesia-general- , Indonesia , Jakarta , Jakarta-raya , Annas-maamun , Surya-darmadi , Duta-palma , Indragiri-hulu , Sylvester-riza , Palm-oil

Indonesian palm oil tycoon fined record US$2.75bil, first graft penalty based on losses to economy

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.

Riau , Indonesia-general- , Indonesia , Jakarta , Jakarta-raya , Indonesian , Annas-maamun , Surya-darmadi , Duta-palma , Lin-che-wei , Sylvester-riza , Indragiri-hulu

Indonesian palm oil billionaire Surya Darmadi gets 15 years for corruption

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.

New-york , United-states , Malaysia , Taiwan , Kenya , Bambang , Jawa-timur , Indonesia , Bogor , Jawa-barat , India , Netherlands

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, […]

New-york , United-states , Malaysia , Taiwan , Kenya , Bambang , Jawa-timur , Indonesia , Bogor , Jawa-barat , India , Netherlands

Indonesia's palm oil tycoon Darmadi gets 15 years for corruption | Corruption

Surya Darmadi ordered to repay the state equivalent of $2.6bn over corruption scheme that cleared protected forests.

Riau , Indonesia-general- , Indonesia , Sumatra , Medan , Sumatera-utara , Indonesian , Annas-maamun , Raja-thamsir-rachman , Fahzal-hendri , Surya-darmadi , Duta-palma

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.

Riau , Indonesia-general- , Indonesia , Jakarta , Jakarta-raya , Indonesian , Raja-thamsir-rachman , Annas-maamun , Fahzal-hendri , Surya-darmadi , Juniver-girsang , Hibnu-nugroho

Mongabay Haze Beat Archives - Conservation news

Mongabay seeks to raise interest in and appreciation of wild lands and wildlife, while examining the impact of emerging trends in climate, technology, economics,and finance on conservation and development.

Malaysia , Norway , Philippines , Paris , France-general- , France , Kalimantan , Indonesia-general- , Indonesia , South-sumatra , Sumatera-selatan , Singapore