Mining Tycoon Harvey Moeis Faces 12-Year Sentence for Corruption
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Loading... - Chang Chen
- 10 Dec 2024
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Mining entrepreneur Harvey Moeis has been sentenced to 12 years in prison for corruption related to the misuse of operational permits at PT Timah (Persero) Tbk. (TINS). The verdict was delivered during a session at the Corruption Court (Tipikor) on December 9. In addition to the prison sentence, Moeis is required to pay a fine of IDR 1 billion; failure to do so will result in an additional year in prison. He has also been ordered to pay restitution of IDR 210 billion, with a six-year prison term imposed if the full amount is not settled.
The prosecutor stated, “If the restitution amount is partially paid, it will be considered when calculating the duration of the additional prison sentence.”
Charges and Violations
Moeis was found guilty of violating:
- Article 2 Paragraph (1) and Article 18 of the Corruption Eradication Law
- Article 55 Paragraph (1) of the Criminal Code
- Article 3 of Law No. 8 of 2010 on Money Laundering Prevention and Eradication
The charges stem from his role as a representative of PT Refined Bangka Tin in collaboration with PT Timah. He was accused of collaborating with other defendants to process illegally mined tin from PT Timah’s concessions. Prosecutors alleged that a portion of the profits from smelter operations was disguised as funds for corporate social responsibility (CSR) activities. The corruption case reportedly enriched Moeis and co-defendant Helena Lim by IDR 420 billion.
Money Laundering Allegations
In addition to corruption, Moeis faced charges of money laundering. Prosecutors claimed he transferred illicit funds to his wife, actress Sandra Dewi, and her assistant, Ratih Purnamasari. The assistant’s account was allegedly used to cover the daily expenses of both Dewi and Moeis.
Prosecutors detailed Moeis’ extravagant spending, which included:
- 88 luxury handbags
- 141 pieces of jewelry
- High-end assets such as properties and luxury vehicles (including MINI Cooper, Porsche, Lexus, and Rolls-Royce)
- The rental of a luxury home in Melbourne, Australia
National Financial Impact
The court emphasized the severity of the case, noting that Moeis’ actions resulted in state financial losses exceeding IDR 300 trillion. This landmark case highlights Indonesia’s ongoing efforts to combat corruption, particularly in the natural resources sector, which is often plagued by illegal mining and mismanagement.
