Karen Agustiawan -- Pertamina's first female CEO -- was sentenced to eight years in prison by the Jakarta Corruption Court on Monday.
aren Galaila Agustiawan -- a former president director of the state-owned oil and gas company, PT Pertamina -- was sentenced to eight years in prison by the Jakarta Corruption Court on Monday after being convicted in a case involving the Basker Manta Gummy (BMG) Block, Australia.
The sentence was less than the prosecutor's demand of 15 years imprisonment, but she was also fined Rp 1 billion (US$70,000) by the court.
Karen immediately filed to appeal the verdict.
Court Justice Emilia Djaja Subagja read out the verdict, saying that the defendant violated investment procedures and caused state losses of Rp 568 billion. Karen was also deemed to have ruined the company's good governance.
Emilia said there had been a misuse of authority or that the authority had not performed in accordance with the duties required by the means and position of power, adding that there had been no legal defense that could overturn the case.
The panel of judges said in their verdict that Karen had colluded with Pertamina's former financial director Ferederick ST Siahaan, former mergers and acquisitions manager Bayu Kristanto and legal and compliance counsel Genades Panjaitan in her acts of corruption.
Karen was named a graft suspect in April last year and detained in September by the Attorney General's Office (AGO), when she was charged with corruption.
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