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Fugitive Indonesian palm oil tycoon surrenders to face $5 billion corruption case

By Jet Damazo-Santos ( August 16, 2022, 05:31 GMT | Insight) -- After being on the run for three years, Indonesian palm oil tycoon Surya Darmadi returned to Jakarta yesterday to surrender to authorities and face a corruption case involving illegal land use and conversions estimated to have cost the country $5 billion in losses — the largest ever involving a single company.  His return comes a week after the Attorney General's Office froze the bank accounts and seized plantations and properties held by his company, Duta Palma Group. After being on the run for three years, Indonesian palm oil tycoon Surya Darmadi returned to Jakarta yesterday to surrender to authorities and face a corruption case involving illegal land use and conversions estimated to have cost the country $5 billion in losses — the largest ever involving a single company. ...

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