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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

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