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View all search resultsThe Jakarta Corruption Court has handed heavier-than-expected sentences to four former directors of state insurer PT Asabri convicted of involvement in a multitrillion-rupiah corruption scandal at the institution, arguing that the prosecutors’ sentencing demands were too light given the severity of the crimes.
Prosecutors from the Attorney General Office’s (AGO) recently demanded that businessman and recidivist Heru Hidayat be sentenced to death for his involvement in one of Indonesia's largest graft cases, in a rare move against white-collar crime.
The maximum penalty for graft convicts like businessmen Benny Tjokrosaputro and Heru Hidayat, former Jiwasraya president director Hendrisman Rahim, former financial director Harry Prasetyo, former finance and investment division head Syahwirma and Joko Hartono Tirto, a director of asset management company PT Maxima Integra, is what the public has demanded. The life sentences are expected strengthen the deterrence that the country badly needs in its fight against corruption.
In 2008, three Jiwasraya executives manipulated the state insurer’s asset portfolio to polish its bleak financial report that year. Ten years later, it ended as one of the largest corruption cases in the country's history.
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