Addendum
Fall from grace of former Garuda Indonesia boss Emirsyah Satar
Fined US$1.4 million and sentenced to eight years in prison.
May 1st 2020
Former Garuda Indonesia president, Emirsyah Satar, was deciding at press time if he would appeal against an eight-year prison sentence and US$1.4 million in fines after he was convicted of bribery and money laundering by Indonesia’s Corruption Eradication Commission on May 8. Read More »
Satar led the carrier group from 2005 to 2014 and had previously denied the charges.
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Also convicted and sentenced to prison terms were Garuda’s engineering and management director, Hadinoto Soedigno, Garuda executive project manager, Agus Wahjudo, and Soetikno Soedarjo, a former president director of one of Indonesia’s largest retail conglomerates.
Prosecutors had asked for a 12-year sentence for the former Garuda boss, but the judgment took into account Satar’s successful efforts in rebuilding the flag carrier’s international reputation during his leadership tenure.
The bribes were related to the Garuda Indonesia group’s acquisition of Rolls-Royce Trent 700 engines and A320 and A330 airplanes.
Rolls-Royce has paid US$800 million in fines in the U.S. and Britain in settlement of charges of alleged bribery in several countries, including nations in the Asia-Pacific.
Earlier this year, Airbus paid US$4 million in fines to U.S., UK and French authorities to settle an alleged bribery for aircraft sales prosecution.
