Indonesia: Corruption court jails executives at insurer for 20 years

An Indonesian court has sentenced two former heads of state insurer Asabri to 20 years in jail for graft after blaming them for causing 22.7 trillion rupiah ($1.58 billion) of losses to the state, the Antara news agency reported.

A panel of judges on Tuesday also ordered Adam Rachmat Damiri and Sonny Widjaja, who were chief executives at Asabri between 2012 and 2020, to repay the state a total of 82.47 billion rupiah and pay fines, the state news agency reported.

Prosecutors at the special corruption court in Jakarta had sought a 10-year jail term and fines, accusing the two of being involved in high risk investment decisions that turned sour.

This article was originally posted at reuters.com

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top