Indonesia Seizes and Returns $784 Million from Palm Oil Corruption Case to State

enforcement and recover public losses. President Prabowo said the recovered money should be redirected to projects that directly benefit the people, such as school renovations and coastal village development. “With Rp 13 trillion, we could renovate more than 8,000 schools,” Prabowo said during the handover ceremony at the Attorney General’s Office in Jakarta. He added that the seized funds could also finance the construction of around 600 fishing villages, potentially benefiting five million coastal residents. In his remarks, Prabowo stressed the scale of lost development opportunities caused by corruption and exploitation in Indonesia’s natural resource sectors. He said the palm oil corruption case illustrates how Indonesia’s natural wealth has too often been misused for private gain. “Corruption in strategic sectors like palm oil is not only harmful but also inhumane, as it once made it difficult for people to access affordable cooking oil,” Prabowo said. The president ...