POST Online Media Lite Edition



 

Indonesia arrests executives of Sinar Mas Agro Resources and Technology in bribery probe

Staff Writer |
Indonesia’s anti-graft agency has arrested seven people, including a senior executive of palm firm Sinar Mas Agro Resources and Technology, in connection with a bribery case, an official at the agency said on Sunday.

Article continues below




The Corruption Eradication Commission, known as KPK, named vice president director of Sinar Mas Agro, Edy Saputra Suradja, chief executive of PT Binasawit Abadi Pratama, Willy Agung Adipradhana, and some members of Central Kalimantan parliament as suspects in the case, KPK Deputy chief Saut Situmorang told Reuters.

Both Sinar Mas Agro and Binasawit are subsidiaries of Singapore-listed palm oil giant Golden Agri-Resources Ltd.

The people are accused of bribing parliamentarians to avoid an investigation into Binasawit’s plantation permits and palm processing waste near Sembuluh lake in the Borneo island, Situmorang said.

Golden Agri, in a statement following the arrest, said: “The company will cooperate fully with the ongoing investigation and hopes that the issues can be resolved as quickly as possible”.

It called the case “gravely concerning and regrettable” and stated that its Indonesian operations and subsidiaries must be managed in accordance to the law and regulations in the country.

A statement on behalf of both Sinar Mas Agro and Binasawit said all parties are fully cooperating with the investigation.


What to read next

Venezuela taking over Banesco bank, arrests 11 executives
Microsoft probed over software sales in Hungary
PTTEP suspends Indonesia investment over oil spill case