Friday, January 28, 2022

An Indonesian corruption court has sentenced insurance company executives to 20 years in prison

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JAKARTA () – An Indonesian court has sentenced Asabri, the head of two former state insurance companies, to 20 years in prison on charges of causing 22.7 trillion rupees ($ 1.58 billion) in damage to the state, Antara news agency reported.

On Tuesday, the jury also ordered Adam Rachmat Damiri and Sonni Vidjaja, who were CEOs of Asabri for 2012-2020, to pay a total of Rs 82.47 billion to the state and pay fines, the state news agency reported.

Prosecutors in a special corruption court in Jakarta had both asked for 10 years in prison and a fine, accusing them of making high-risk investment decisions.

Sonny’s lawyer, Priyagus Vidodo, said the verdict was too harsh and that the client was considering an appeal. The man’s lawyer could not be reached immediately for comment.

Asabri is an insurance company that serves the military and police, as well as civil servants in the Ministry of Defense.

The Asabri case is one of the highest-profile incidents in the fight against investment fraud in insurance companies since it was defaulted by another Indonesian state insurer, Jiwasraya.

Some of the leaders and businessmen who influenced Jivasraya’s investments were sentenced to life in prison.

The businessman, who was sentenced to life in prison in the Jivasraya case, is also facing charges that include the death penalty in the Asabri case.

($ 1 = Rs 14,355,000)

Interviews by Stanley Vidianto and Agustinus Beo Da Costa; Edited by Gayatri Suroyo and Ed Davies

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