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

See: Money Multipliers Arrested

Related posts

Government Running Tests of IMEI Blocking System

Indonesia Expat

Koster: Foreign Tourists Expected In Bali 11 September

Indonesia Expat

United Kingdom to Simplify Visa Application Process for Indonesian Students

Indonesia Expat

Sanur Health Economic Zone to Start Operating Q1 2024

Indonesia Expat

Weaving Tales of the Archipelago

Stephanie Brookes

Exquisite Evenings and Exceptional Cocktails at The St. Regis Bali Resort

Indonesia Expat