Asia Sentinel

Asia Sentinel

Business/Economy

Indonesian Palm Oil Billionaire Goes on Trial

Corruption and money laundering in land procurement for plantations

Our Correspondent
Sep 09, 2022
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A tycoon once named one of Indonesia’s richest has gone on trial for alleged corruption estimated to have cost the state the equivalent of US$5.25 billion and caused major environmental damage from the destruction of vast amounts of virgin forest. If the charges are proven, the case would involve the largest state losses ever recorded in the country.

Sur…

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