Former Garuda Indonesia CEO jailed for eight years for bribery

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An Indonesian court jailed Emirsyah Satar for bribery and money laundering related to procurement of planes and engines from Airbus and Rolls-Royce. YahooFinance

JAKARTA - An Indonesian court on Friday jailed Emirsyah Satar, a former chief executive of Garuda Indonesia, for bribery and money laundering related to procurement of planes and engines from Airbus and Rolls-Royce, his laywer said.

Indonesia’s Corruption Eradication Commission had indicted Satar, CEO of Garuda from 2005 to 2014, over payments from a businessman via a third party for the procurement by Garuda Indonesia of Roll-Royce Trent 700 engines and Airbus A320 and A330 planes. In 2017 Rolls-Royce agreed to pay authorities more than $800 million to settle charges after an investigation by the U.S. Justice Department and Britain’s Serious Fraud Office into alleged bribery of officials in six countries in schemes that lasted more than a decade.

 

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Former Garuda Indonesia CEO jailed for eight years for briberyJAKARTA: An Indonesian court on Friday (May 8) jailed Emirsyah Satar, a former chief executive of Garuda Indonesia, for bribery and money ...
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Former Garuda Indonesia CEO jailed for eight years for briberyJAKARTA: An Indonesian court on Friday (May 8) jailed Emirsyah Satar, a former chief executive of Garuda Indonesia, for bribery and money ...
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