ShowBiz & Sports Lifestyle

Hot

Indonesia court jails ex-CEOs of Pertamina units in graft case

Indonesia court jails ex-CEOs of Pertamina units in graft case

ReutersFri, February 27, 2026 at 7:53 AM UTC

0

1 / 0Indonesian court to deliver verdicts in corruption case linked to state energy firm PertaminaFormer chief executive of state firm Pertamina Patra Niaga, Riva Siahaan reacts as he arrives at the court room for his verdict in alleged illegal imports of crude oil, leasing of a fuel terminal, and other actions that caused a loss to the state of 285 trillion rupiah ($17 billion), at Central Jakarta court in Jakarta, Indonesia, February 26, 2026. REUTERS/Willy Kurniawan

JAKARTA, Feb 27 (Reuters) - An Indonesian court has jailed nine people in a major corruption case involving subsidiaries of state energy firm Pertamina, including two former ‌chief executives of its units, which prosecutors say caused $17 billion in state losses.

The ‌case, which centres on alleged illegal leasing of a fuel terminal and illegal imports of crude oil, among ​other offences, is one of the biggest launched under the administration of President Prabowo Subianto, who has vowed to eradicate corruption.

The nine were sentenced by the Central Jakarta Court, with the reading of the verdicts starting on Thursday afternoon and continuing into the early hours of Friday. The defendants ‌were sentenced to prison terms ⁠ranging from nine years to 15 years, after prosecutors had sought terms of 14 to 18 years.

Yoki Firnandi, former chief executive of Pertamina International ⁠Shipping, and Riva Siahaan, former Pertamina Patra Niaga chief executive, each received a nine-year sentence from the panel of judges.

Muhamad Kerry Adrianto Riza, a beneficial owner of a fuel terminal leased by ​Pertamina, was ​jailed for 15 years for his involvement, less ​than the 18 years sought by ‌prosecutors.

Riza is the son of businessman Mohammad Riza Chalid, who has been named a suspect in the case and who the police said is now at large.

Advertisement

The three men had each denied the charges against them and pleaded not guilty, local media reported during the trial.

Riza's lawyer Patra Zen said on Friday his client rejected the ruling and would appeal.

Outside ‌the court on Friday, Firnandi said he was disappointed ​by a verdict that he called a farce, and ​said he would discuss with his ​counsel about appealing.

Siahaan's lawyer Luhut Pangaribuan said he was saddened and disappointed ‌by the verdict.

Pertamina said it respects the ​court's ruling and reiterated ​it has "zero tolerance towards corruption," company spokesperson Muhammad Baron told Reuters.

"We continue to make improvements and transform in carrying out business processes and operations," he said, adding that ​the company is ready to ‌give legal assistance to the defendants until the court issues a legally binding ​ruling.

(Reporting by Fransiska Nangoy, Ananda Teresia, Stanley Widianto, and Bernadette Christina; Editing ​by John Mair, Martin Petty and Thomas Derpinghaus)

Original Article on Source

Source: “AOL Money”

We do not use cookies and do not collect personal data. Just news.