Indonesia's Suharto family ordered to pay back US$324m in embezzled funds

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Suharto family ordered to pay back $324m in embezzled funds



JAKARTA: -- Indonesia's Supreme Court has ordered the family of former president Suharto to pay back to the state Rp 4.4 trillion ($324 million) in funds misappropriated during the late strongman’s lengthy reign, reported The Jakarta Globe.

The court ruled in favor of the prosecution in a civil case against the now-defunct Supersemar Foundation, controlled by the Suharto family. The ruling, made on July 8 but not announced on the court’s website until Monday, revised an earlier ruling in 2010 which ordered the family to pay just a tiny fraction of the losses to the state.

The court repealed a 1976 government regulation issued by the former president ordering all state-owned banks to set aside 2.5 percent of their profits for the foundation. The court ruled that the funds accumulated since the foundation was established — a total sum of $420 million and Rp 185 billion — were largely embezzled and never used for their stated purpose: education.

The court has now ordered the foundation to pay 75 percent of the funds it had amassed over the years, while the 2010 ruling had ordered the Suharto family to pay $315,000 and Rp 185 million — a small sum for the once-powerful family — instead of the $315 million and Rp 185 billion the Attorney General’s Office had sought. The court claimed this was due to a typo.

The AGO only filed for a case review in 2013, around the same time the Suharto family filed a separate motion looking to reverse the order.

The court “granted the case review filed by the state [the AGO] and rejected the case review filed by the Supersemar Foundation,” the latest ruling states.

Source: http://englishnews.thaipbs.or.th/suharto-family-ordered-to-pay-back-324m-in-embezzled-funds


-- Thai PBS 2015-08-12

[z42]

Jail them all snd take everything they own. At least make it look like you're serious

[Prbkk]

This family is truly the scum of the earth. BILLIONS stolen, mass murderers, pure evil...and most of them living the life of Riley in Singapore and Perth with their ill-gotten loot intact. Vile beyond description.

[ALLSEEINGEYE]

Indonesia's version of the Taksin clan?

[MrBrilliant]

And Widodo wants to put a bullet through the heart of insignificant drug mules to appear tough but still sh*ts himself stupid over this mob.

[mango66]

And where is the Order in Thailand,

that thaksins also pay back all their stolen money and assets to the people of thailand ??

It will ever happen ??

OK, we know some of that money will flow back to Isaan in next election ,

propably price are up, and 500,- / vote will not be sufficiant;

[ChrisY1]

The Suhartos are a bad family....Billions stolen....countless people killed or "dissapeared"...scams for them was their way of living....and I hope they suffer...........

Truth be known, things there and most other SE nations, incl. Thailand are still going along the same path......leaders continue their plundering unabated.........

[samthefish]

Anyone care to remind US how this family ended on top of the food chain?

[masuk]

I think of the the Suharto family's sneakiest deals was announcing that a second airline would be allowed to operate jet powered aircraft. Up until then, only Garuda were permitted to use jets.

Next day it was announced that one of the Suharto clan would own and operate the new airline.

Surprise!!

[Exsexyman]

Anyone care to remind US how this family ended on top of the food chain?

Suharto was to all intents and purposes installed as dictator of Indonesia by the USA and The UK. They also actively assisted Suharto in slaughtering up to one million 'alleged communist sympathisers', one of the worst massacres of the twentieth century. The CIA supplied lists of names for Suharto's assassination squads. Just one more shameful episode in the 'Free World's' history.

http://www.theguardian.com/world/2001/aug/01/indonesia.comment

http://newint.org/features/web-exclusive/2010/12/15/suhartos-bloodiest-secrets/

[weegee]

Maybe Oz can get back a years worth of aid money....it's been about $300 million a year for years and years and years.....

Wouldnt that chop a hole in Aus's debt....?