Indonesian Political, Business & Finance News

Son of Riza Chalid to Face Sentencing in Alleged Oil Corruption Case Today

| Source: ANTARA_ID Translated from Indonesian | Legal
Son of Riza Chalid to Face Sentencing in Alleged Oil Corruption Case Today
Image: ANTARA_ID

Jakarta (ANTARA) - The son of suspect Riza Chalid, Muhammad Kerry Adrianto Riza, will face sentencing by the panel of judges regarding the alleged corruption case involving the management of crude oil and refinery products during the 2018–2023 period, at the Corruption Court of the Central Jakarta District Court (PN Jakpus), Thursday.

“Today’s schedule will depend on the readiness of the defendant and the public prosecutor,” said the Spokesperson for PN Jakpus, Sunoto, when contacted in Jakarta, Thursday.

The sentencing will be led by Chief Justice Fajar Kusuma Aji.

In addition to Kerry, who is the beneficial owner of PT Navigator Khatulistiwa, there are eight other defendants who will undergo sentencing today, namely Vice President of Feedstock Management at PT Kilang Pertamina Internasional (KPI) for 2023–2024, Agus Purwono, President Director of PT Pertamina International Shipping (PIS) for 2022–2024, Yoki Firnandi, Commissioner of PT Pelayaran Mahameru Kencana Abadi (PMKA), Gading Ramadhan Juedo, and Commissioner of PT Jenggala Maritim Nusantara (JMN), Dimas Werhaspati.

Furthermore, there is also President Director of PT Pertamina Patra Niaga for 2023, Riva Siahaan, Director of Marketing and Trading at PT Pertamina Patra Niaga for 2023, Maya Kusuma, Vice President of Trading Products at Pertamina Patra Niaga, Edward Corne for the period 2023–2025, and Director of Feedstock and Product Optimization at PT KPI for the period 2022–2025, Sani Dinar Saifudin.

In this case, the nine defendants are suspected of having committed or participated in unlawfully enriching themselves, others, or a corporation, causing state losses amounting to Rp285.18 trillion.

The state losses include financial losses of 2.73 billion US dollars and Rp25.44 trillion; economic losses of Rp171.99 trillion; and illegal profits of 2.62 billion US dollars.

In detail, the financial losses consist of 5.74 billion US dollars in the procurement of imported refinery products or fuel oil (BBM) and Rp2.54 trillion in the sale of non-subsidized diesel during the 2021-2023 period.

Meanwhile, the economic losses are due to the high prices of BBM procurement, which have an impact on the economic burden caused by these prices.

The illegal profits were obtained from the difference between the price of imported BBM exceeding the quota and the price of crude oil and BBM purchased from domestic sources.

For their actions, the nine defendants are charged with violating Article 2 paragraph (1) or Article 3 in conjunction with Article 18 of Law Number 31 of 1999 concerning the Eradication of Criminal Acts of Corruption, as amended and supplemented by Law Number 20 of 2001 in conjunction with Article 55 paragraph (1) of the Criminal Code.

View JSON | Print