Thursday, October 29, 2020

Perum Perindo ex-chief sentenced to 4 years prison in bribery case

-

A panel of judges at the Jakarta Corruption Court has sentenced Risyanto Suanda, the former president director of state-owned Indonesia Fisheries Company (Perum Perindo), to four years and six months in prison for his involvement in a bribery case related to a fish import permit.

The court also ordered him to pay a fine of Rp 250 million (US$17,763) or serve an additional three months.

“The judges imposed an additional punishment of Rp 1.24 billion in restitution that must be paid within a month after the sentence becomes legally binding,” presiding judge Sunarso said on Wednesday during a live-streamed hearing on the Corruption Eradication Commission’s (KPK) YouTube channel.

The restitution will be reduced by the sum of money and assets seized by the court as evidence in the case, which includes Rp 200 million transferred to the KPK’s bank account, two designer bags and a luxury watch, Suwarno said.

- Advertisement -

“If the defendant fails to pay, the court will auction Risyanto’s other assets or add a year to his prison sentence if the assets are not enough to cover the restitution,” the judge said.

The court convicted the defendant for violating Article 12 of the Corruption Law, which prohibits civil servants and state organizers from accepting bribes.

Risyanto was found guilty of accepting $30,000 from Mujib Mustofa, the president director PT Navy Arsa Sejahtera, in exchange for the latter’s use of Perum Perindo’s permit to import up to 150 tons of frozen Pacific mackerel in 2019.

Furthermore, the defendant was found guilty of accepting $30,000 and SG$30,000 to benefit other companies concerning his position in Perum Perindo.

- Advertisement -

The sentence was lower than the initial demand of KPK prosecutors, who had sought five years’ imprisonment and a Rp 500 million fine for Risyanto.

Both Risyanto’s side and the prosecutors have yet to say whether they will appeal.

Risyanto, along with two other Perum Perindo directors and six other individuals, was arrested by the KPK in September 2019 during two operations in Jakarta and Bogor, West Java.

MUST READ

Nigerian court declines to issue international arrest warrant for fugitive ex-Petroleum Minister in corruption case

The Abuja Division of the Federal High Court, on Wednesday, refused an application by the Economic and Financial Crimes Commission, EFCC, for an arrest...

South Korea’s former Vice Justice Minister sentenced to jail for bribery and sexual favors

Former Vice Justice Minister Kim Hak-eui, the figure at the center of one of Korea’s biggest political sex scandals, was placed under pretrial detention...

Beam Suntory Inc. fined $19.6 million in foreign bribery case

Beam Suntory Inc. (Beam), a Chicago-based company that produces and sells distilled beverages, has agreed to pay a criminal monetary penalty of $19,572,885 to...

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Former Jacksonville City Council members set for sentencing in fraud case

Former Jacksonville City Council members Katrina Brown and Reggie Brown are scheduled to be in federal court Tuesday to begin a hearing on their...

Bribery trial of former San Angelo police chief Tim Vasquez delayed until 2021

The trial of former San Angelo police chief Tim Vasquez will not happen until 2021, according to court documents. The trial, originally set for...

Former Blue Bell Creameries CEO indicted for fraud linked to 2015 listeria outbreak

The former president and CEO of Blue Bell Creameries L.P., a Texas ice cream company, was indicted Tuesday on wire fraud charges in connection with a scheme...

Macau to sign agreement with World Bank Group over money laundering risk assessment

Secretary for Security Wong Sio Chak was granted powers by the Chief executive to sign a Reimbursable Advisory Services Agreement Concerning Risk Assessment of...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks