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Former Bappebti head gets 8 years
Grave crime: Former Futures Exchange Supervisory Board (Bappebti) head Syahrul R
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span class="inline inline-center">Grave crime: Former Futures Exchange Supervisory Board (Bappebti) head Syahrul R. Sempurnajaya (right) is sentenced to eight years for bribing then Bogor Legislative Council speaker Iyus Djuher to secure a certificate for a 100-hectare plot of land in Tanjung Sari to build an upmarket cemetery. JP/Wendra Ajistyatama
The Jakarta Corruption Court sentenced Syahrul Raja Sempurnajaya, former chief of the Futures Exchange Supervisory Board (Bappebti), to eight years in prison on Wednesday, after finding him guilty of bribery and money laundering.
A panel of judges, chaired by Sinong Hermawan, found Syahrul guilty of receiving a Rp 1.6 billion (US$131,240) kickback from Indonesia Futures Exchange Association (APBI) head I Gede Raka Tantra and Indonesia Futures Companies Union (IP2BI) head Fredericus Wisnubroto.
The 60-year-old Syahrul asked for the payment from Raka and Fredericus as a 2 percent 'operational fee' on every futures exchange transaction undertaken by both companies. When Raka and Fredericus declined to make immediate payment, Syahrul ordered his secretary to force them to pay.
'Raka and Fredericus felt that they have no other choice because APBI and IP2BI are both under Bappebti supervision. Syahrul's action violated Article 12e of Corruption Law No. 31/1999 as revised by Law No. 20/2001,' said Sinong in the verdict.
The judges also found Syahrul guilty of taking a Rp 1.5 billion bribe from businessman Maruli Simanjuntak.
Syahrul received the money for his service as a middleman in a Rp 14 billion gold transaction in July 2012.
The judges also found Syahrul guilty of receiving Rp 7 billion in return for issuing a business license to PT Indokliring Internasional in June 2012.
'This action is a violation of Article 12a of Law No. 31/1999 on corruption eradication as amended by Law No. 20/2001,' said panel judge I Made Hendrakusuma.
Syahrul was also found guilty of paying a Rp 3 billion bribe to an official at the Bogor Regency Administration.
The money was delivered by Syahrul and his business colleague Sentot Susilo, who was also president director of PT Gerindo Perkasa, to the official so that the Bogor administration would expedite the issuance of a permit for the company's commercial cemetery project in July 2012.
As for the money laundering charges, Syahrul was found guilty of trying to channel Rp 975 million and US$184,000 into his wife's and daughter's bank accounts.
He also opened several bank accounts with fictitious names and used some of the cash to purchase a Toyota Vellfire and Mercedes Benz sedan.
Syahrul also bought a Rp 1.73 billion apartment unit in one of the Senopati Apartment towers in South Jakarta, as well as a Rp 3.17 billion house in the Bintaro Jaya housing complex in South Tangerang.
Hendrakusuma said that during Syahrul's tenure as Bappebti head from January 2011 to April 2013, he only earned Rp 257 million. 'The defendant had no other business. Therefore he has failed to prove the source of his wealth,' panel judge Hendrakusuma said.
'The defendant was married to his second wife in 2008. However, he did not register it in his wealth report. It turned out he used his second wife's bank accounts for money laundering his ill-gotten money,' Hendrakusuma said.
Lawyers of Syahrul said they were considering whether to appeal the verdict.
