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View all search resultsThe Supreme Court has slapped Karen Galaila Agustiawan with an additional graft charge and increased her sentence by four years to 13, in relation to overseas LNG purchases between 2001 and 2021 that cost the state over $100 million.
In the United Kingdom, unlike in Indonesia, a director holds fiduciary duty toward the company, and the courts will trust that the director’s judgment is always taken in good faith and in the company’s best interests.
On Monday, a panel of judges with the Jakarta Corruption Court found Karen guilty of corruption related to LNG purchases from United States-based firm Corpus Christi Liquefaction, which reportedly resulted in Rp 1.8 trillion (US$109 million) in state losses
Speculation has run rife that the recent spate of investigations launched by law enforcers is politically motivated, as the moves have been made against parties related to candidates in the upcoming presidential election.
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