Indonesian Political, Business & Finance News

Verdict in case of two Sritex executives postponed due to judge not ready

| Source: ANTARA_ID Translated from Indonesian | Legal
Verdict in case of two Sritex executives postponed due to judge not ready
Image: ANTARA_ID

Semarang (ANTARA) - The Semarang Corruption Court postponed the verdict hearing in the alleged corruption case regarding the provision of credit facilities to PT Sritex, with defendants Iwan Setiawan Lukminto, the Chairman Commissioner of PT Sritex, and Iwan Kurniawan Lukminto, the President Director of PT Sritex, until Wednesday (6/5) because the judges were not ready.

“We apologise for not being able to complete the verdict,” said Chief Judge Rommel Franciskus Tampubolon in Semarang on Tuesday.

The judge subsequently postponed the reading of the verdict for one day, to be read at the hearing on Wednesday (6/5).

According to him, one of the obstacles in delivering the verdict was that it had not yet been uploaded to the system before the midnight deadline.

“We have no assistants; we compiled everything ourselves,” he said.

Iwan Setiawan Lukminto, the Chairman Commissioner of PT Sritex, and Iwan Kurniawan Lukminto, the President Director of PT Sritex, the defendants in the alleged corruption case regarding the provision of credit facilities to the bankrupt textile company, are each demanded a prison sentence of 16 years.

The two defendants are also demanded to pay a fine of Rp1 billion each, which if not paid will be replaced with imprisonment for 190 days.

The two defendants are deemed proven guilty of violating Article 603 of the new Criminal Code on corruption and Article 607 of the new Criminal Code on money laundering offences.

The two defendants are also demanded with additional punishment in the form of payment of state loss restitution each amounting to Rp677 billion, which if not paid will be replaced with imprisonment for 8 years.

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