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View all search resultsWilmar
Politics 1 week ago
PREMIUM
Wilmar executive, lawyers found guilty in $4 million palm oil bribery case
The Jakarta Corruption Court has found a former executive and two lawyers linked to palm oil giant Wilmar Group guilty of bribing judges to clear three palm oil companies in a high-profile corruption case involving crude palm oil (CPO) export permits.
Politics 4 months ago
PREMIUM
Prabowo takes over Rp 13 trillion seized from palm oil firms
Praising the efforts of officials involved in the recovery, Prabowo also warned business leaders across all industries that it was “impossible” for them to get away with corrupt practices in today’s interconnected world, reaffirming the government’s commitment to protecting national sovereignty and public welfare.
Politics 5 months ago
PREMIUM
Supreme Court strikes down palm oil giants’ corruption acquittal
All palm oil companies were ordered to each pay a Rp 1 billion (US$59,580) fine, along with various restitution ranging from Rp 900 billion to nearly Rp 12 trillion, after they were declared guilty in a corruption case pertaining to crude palm oil export permits.
Politics 10 months ago
PREMIUM
Wilmar’s legal officer named suspect in palm oil bribery case
Wilmar Group legal officer Muhammad Syafei allegedly provided the Rp 60 billion (US$3.56 million) that was later used to bribe the judges and a court clerk in exchange for the acquittal of three companies in a corruption case pertaining to crude palm oil (CPO) exports.
Regulations 2 years ago
PREMIUM
Firms turn to courts to recover losses from govt cooking oil flip-flop
Several cooking oil producers and retailers have filed cases against the Trade Ministry seeking to reclaim what they say are billions of rupiah in losses resulting from government policies last year intended to bring down the price of the commodity.
Business 6 years ago
PREMIUM
Palm oil-based green fuel program unlikely to empower palm oil farmers: smallholders
The government’s “green fuel” program is expected to help boost the share of renewable energy in the country’s energy mix to 23 percent by 2024 from 8.55 percent in 2018 and lower fossil fuel use and crude oil imports. Domestic biofuel consumption is also expected to rise to 17.4 million kiloliters by 2024 from 6.9 million kiloliters in 2020.
National 7 years ago
Boomerang joins Greenpeace protesters, occupies palm oil refinery
“Greenpeace’s action at Wilmar’s palm oil refinery in Bitung is not only a criminal act of trespassing and vandalism but a safety risk to the activists as well as Wilmar staff,” the company said in a statement on Tuesday.
