TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Robert Tantular gets heavier prison sentence
JAKARTA: The Jakarta High Court on Monday handed down a heavier prison sentence to former Bank Century owner Robert Tantular
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
J
AKARTA: The Jakarta High Court on Monday handed down a heavier prison sentence to former Bank Century owner Robert Tantular.
"Considering the fact the defendant controlled Bank Century's operations, issued US$178 million worth of fake letters of credit, disbursed Rp 362 million in bad credit and embezzled $18 million from customer deposits, we believe a heavier sentence of five and a half years needs to be imposed, 1.5 years longer than the sentence initially handed down by the court," Jakarta High Court spokesman Andi Samsan Nganro said Tuesday.
The Jakarta High Court found Robert guilty of enriching himself and two other shareholders, Rafat Ali Rivsi and Hesyam Al Warrraq, in the purchase of fictitious securities worth $230 million in 2002, according to the panel of judges.
