Indonesia watchdog says former CEO of airline Garuda a bribery suspect
21 Jan 2017 10:19:50
reuters.com
Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk (GIAA.JK) as a suspect in a bribery case.
Indonesia's Corruption Eradication Commission (KPK) said in a statement the CEO of Garuda from 2005 to 2014 was suspected of taking bribes related to the purchase of planes and machines from Airbus (AIR.PA) and Rolls-Royce (RR.L).
The KPK did not refer to the former CEO by name but, as is its custom, used initials - in this case "ESA" ;. The CEO of Garuda from 2005 to 2014 was Emirsyah Satar, who is now chairman of Indonesian conglomerate Lippo Group's e-commerce platform MatahariMall.com.
Read full story: reuters.com