Jakarta. A court sentenced a former minister for state-owned enterprises, Dahlan Iskan, on Friday (21/04) to two years in jail for the flawed sale of an East Java administration-owned company's assets.
The sentence was lighter than the six years sought by prosecutors for Dahlan, who sold 33 assets belonging to Panca Wira Usaha in 2003 when serving as its president director.
The judges at the Surabaya Corruption Court on Friday found him guilty of not following proper legal procedures when he sold the company's assets worth a total of Rp 900 billion. This resulted in Rp 11 billion in state losses.
"The evidence proves that the defendant is guilty of corruption collectively," presiding judge Tahsin said in the court's verdict. The court also ordered Dahlan to either pay a fine of Rp 1 million or serve another two months in prison.
Prosecutors, who began investigating Dahlan's case in 2015, earlier sought a fine of Rp 750 million for him. They also demanded that Dahlan pay Rp 4.1 billion in compensation to the government.
Dahlan said he will appeal the verdict. "I've discussed it with my defense team, I will file an appeal."