Financial Crime Financial Crime

Fugitive Indonesian palm oil tycoon surrenders to face $5 billion corruption case

By Jet Damazo-Santos
  • 16 Aug 2022 06:31
  • 16 Aug 2022 06:31
After being on the run for three years, Indonesian palm oil tycoon Surya Darmadi returned to Jakarta yesterday to surrender to authorities and face a corruption case involving illegal land use and conversions estimated to have cost the country $5 billion in losses — the largest ever involving a single company. 

The owner

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