Former Garuda CEO facing corruption charges

Friday, 08 Aug, 2019 0

Former Garuda Indonesia CEO Emirsyah Satar has been arrested and is facing money laundering charges relating to his tenure at the national flag carrier.

The arrest is tied to a long running cross border bribery investigation involving engine-maker Rolls-Royce.

Rolls-Royce was convicted of paying off company executives in exchange for contracts at various airlines in Thailand, India, Malaysia and Thailand.

Satar was named a suspect more than two years ago by Indonesia’s Corruption Eradication Commission (KPK) and the agency now says it has secured enough evidence for a prosecution.

He has been accused of accepting payments of 1.2 million euros and US$180,000 in cash which are linked to contracts ‘worth billions of dollars.’

Investigators have seized homes in Jakarta and Singapore and freezed bank accounts in Satar’s name.

Satar’s lawyer acknowledged the payments as ‘gifts’ but denied knowingly accepting bribes as the head of a state funded business.

"After the investigation started, he realised that as a state employee he should not have received anything, so he returned the money," lawyer Luhut Pangaribuan told Bloomberg.

In 2017, Rolls-Royce agreed to pay a US$800 million fine over the bribery and corruption claims.

 



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...