Power Shift

Indonesia Corruption Trials Lead to $17 Billion State Loss, Major Sentences

Sourced from 2 publications

  • •Kerry Adrianto Riza, son of 'gasoline godfather' Riza Chalid, jailed for 15 years.
  • •Riza ordered to pay $173 million for losses in a $17 billion corruption case.
  • •The case involves state-owned PT Pertamina, focusing on significant graft issues.
  • •Indonesia is intensifying efforts against corruption in state enterprises and land misuse.
  • •First Resources Ltd. paid $5.6 million in a separate crackdown on land control.

Sources

Pertamina corruption trial: 9 jailed in Indonesia over US$17 billion state loss

Reuters

Son of ‘Gasoline Godfather’ Convicted in Indonesia Graft Case

Bloomberg

First Resources Pays $5.6 Million in Indonesia Land Crackdown

Bloomberg

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Curated from 2 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.

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