Former Democratic Party treasurer Muhammad Nazaruddin will face another trial next month for alleged money laundering through the purchase of shares in national flag carrier PT Garuda Indonesia
ormer Democratic Party treasurer Muhammad Nazaruddin will face another trial next month for alleged money laundering through the purchase of shares in national flag carrier PT Garuda Indonesia.
Nazaruddin is alleged to have channelled Rp 300 billion (US$218,934) to buy the company's shares in 2010 and paid Rp 850 million in service fees to securities firm Mandiri Sekuritas. He bought the shares through five companies under the Permai Group that he had co-owned, allegedly using illicit funds.
'[Nazaruddin] is ready. Hopefully, [the case] will be finished soon so there will be legal certainty,' said Nazaruddin's lawyer Elza Syarief as quoted by kompas.com.
Nazaruddin was found guilty in the 2011 SEA Games bribery scandal centering on the construction of an athlete's village in Palembang, South Sumatra.
He was a member of the House of Representatives' sports commission at that time and accepted Rp 4.6 billion from businessman Mohamad El Idris, marketing director of construction company PT Duta Graha Indah (DGI), to rig the bid in DGI's favor.
The Supreme Court sentenced Nazaruddin to seven years in prison in 2013. It also ordered him to pay Rp 300 million in fines.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.