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A former president director of state social security company
PT Jamsostek was sentenced to eight years in prison Thursday for his
involvement in a Rp 311 billion (about US$34.5 million) securities scam.
Judges at the South Jakarta District Court also fined Achmad Djunaidi
Rp 200 million and required he pay back the Rp 66.6 billion in public
money lost in the graft.
Head judge Sri Mulyani said if Djunaidi failed to pay the fine, an
extra three months would be added to his sentence, while if the stolen
money was not returned within a month, he would have his assets seized
or his jail term extended by another year.
"The accused, Achmad Djunaidi, is found guilty beyond doubt to have
committed corruption and is sentenced to eight years in prison," Sri
said.
Accompanied by his team of lawyers led by Tjokorda Made Ram, Djunaidi
asked the judges for time to consider an appeal.
The prosecutors, meanwhile, said the sentence was too lenient and
insisted they would appeal the case.
During the prosecutors' statement, Djunaidi became angry. He stood up,
grabbed a sign from the prosecutors' bench and waved it before the
judges while he said: "This is personal vengeance, isn't it? You guys
want to see me die?"
He threw the sign at the team of prosecutors but missed and the sign
hit the wall behind them.
The court session was then disrupted when people observing other trials
flocked to the courtroom.
After the verdict, Djunaidi claimed he had paid Rp 600 million to
prosecutors and another Rp 1 billion in bribes to Jamsostek chief
analyst Walter Sigalingging, Antara reported.
Sigalingging was recently caught allegedly trying to bribe judge Herman
Allossitandi in another trial related to the securities scam.
Herman is currently on trial on charges of accepting the bribe, while
Sigalingging is a witness in the case.
Djunaidi's sentence is more lenient than the 16 years' jail, Rp 200
million fine and the Rp 133.2 billion reimbursement prosecutors had
sought at the start of the trial.
The convict's legal troubles began after he approved a Jamsostek plan
to buy securities from four companies worth Rp 311 billion. He signed
the documents with Jamsostek's director for investment Andy Rahman
Alamsyah, who was sentenced to eight years' jail last week over the
offense.
The medium-term bonds were bought from PT Dahana (Rp 97.8 billion), PT
Sapta Prana Jaya (Rp 100 billion), PT Surya Indo Pradana (Rp 80
billion) and PT Volgren (Rp 33.2 billion).
Sri said the purchase was made without a proper assessment of the four
companies' finances, bonafides, business licenses or bank guarantees.
The judges said Djunaidi had acted beyond his authority when he decided
to buy the securities without consent from a higher institution.
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