Former Garuda CEO implicated in bribery scandal
Thursday, 23 Jan, 2017
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Indonesia’s anti-corruption agency has announced former Garuda Indonesia CEO Emirsyah Satar as a suspect in a bribery investigation.
It stems from allegation that came out of the Rolls Royce bribery case.
The engine maker admitted to paying bribes to several entities and individuals to win business from airlines.
Indonesia’s Corruption Eradication Commission (KPK) said in a statement Satar is suspected of pocketing cash and other items worth about $3.5 million relating to the purchase of aircraft and engines from Airbus and Rolls-Royce.
Satar denied any wrongdoing to Reuters, saying he did not engage in ‘corrupt activities and did not receive anything that was related to my position.’
Satar held the post of CEO at Garuda from 2005 to 2014.
KPK Chairman Agus Rahardjo said the investigation involves the actions of Satar and not the airline.
Garuda nevertheless will cooperate with the investigation, according to vice president for corporate communication, Benny S. Butarbutar.
Rolls-Royce last week agreed to settle bribery charges by paying more than $800 million.
Thai Airways was also implicated and has started an investigation to find out if any of their executives received bribes.
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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.
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