Indonesia Expat
Featured News

Former Garuda Indonesia CEO Arrested on Money Laundering Charges

Emirsyah Satar

Former CEO of state-owned airliner Garuda Indonesia has been arrested on charges of money laundering.

According to anti-graft investigators, Emirsyah Satar has been involved in a major corruption scandal that saw British engine-maker Rolls-Royce pay more than US$800million in fines.

His arrest came two years after he was named as suspect by the Corruption Eradication Commission (KPK) for allegedly receiving funds from Rolls-Royce in exchange for buying planes fitted with its engines. Emirsyah has been accused of accepting sums of 1.2million (US$1.4 million) and US$180,000 in cash from 2005 to 2014.

According to the KPK, the charges are linked to contracts which Garuda signed with Rolls-Royce and three other aviation manufacturers – France’s Airbus, Avions de Transport Regional (ATR), and Canada’s Bombardier – during Emirsyah’s time as CEO.

The KPK also said that it had confiscated a home in Jakarta related to the case. However, Emirsyah has denied the money-laundering allegations via his lawyer.

“After the investigation started, he realised that as a state employee he should not have received anything, so he returned the money,” lawyer Luhut Pangaribuan commented.

Source: AFP
Image: Merdeka.com

See: Money Multipliers Arrested

Related posts

Fewer Russians, More Chinese and German Foreign Tourists in Bali

Indonesia Expat

Indonesia Fears Avian Flu in 2017

Milafel Dacanay

Unveil the Romantic Escapes at Holiday Inn Resort Bali Canggu

Indonesia Expat

Sri Mulyani: Government to Draft Electric Car Policy

Indonesia Expat

Government to Limit Telecommunication Networks in Bali During Nyepi

Indonesia Expat

Indonesia Crowned Asia’s Leading Adventure Tourism Destination 2024 by WTA

Indonesia Expat