Wilmar’s Indonesian executive gets 6-year jail term, fine over bribing judges
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Wilmar International's Indonesian unit executive, Muhammad Syafei, has been sentenced to six years in prison and fined 300 million rupiah for bribing judges. The Central Jakarta District Court found him guilty of bribery related to the acquittal of Wilmar subsidiaries on export permit charges but not guilty of money laundering. Previously, Wilmar faced a one billion rupiah fine and forfeiture of 11.8 trillion rupiah. Following the announcement, Wilmar's shares fell by 1.1% to S$3.50.
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