Former President Director Of Taspen Antonius Kosasih Sued 10 Years In Prison

Two defendants in the alleged fictitious investment case at PT Taspen (Persero) in 2019, Antonius Nicholas Stephanus Kosasih and Ekiawan Heri Primaryanto (ANTARA/Agatha Olivia Victoria)

Former President Director of PT Taspen (Persero) Antonius Kosasih was sentenced to 10 years in prison in connection with a case of alleged fictitious investment in PT Taspen in 2019.

The public prosecutor (JPU) from the Corruption Eradication Commission (KPK) Gilang Gemilang believes that Kosasih is legally and convincingly proven guilty of committing a criminal act of corruption together.

"The prison sentence is completely reduced by the length of time the defendant is detained with an order that the defendant is still detained in the detention center," said the Public Prosecutor when reading the indictment at the trial at the Corruption Court at the Central Jakarta District Court, Thursday, September 18, as reported by ANTARA.

In addition to imprisonment, Kosasih, who in this case was suspected of corruption while serving as Investment Director of PT Taspen in 2019, was also demanded to be subject to a fine of Rp. 500 million, provided that if the fine was not paid, it would be replaced (subsider) with imprisonment for 6 months.

Then, the Public Prosecutor also demanded that Kosasih be subject to additional penalties in the form of payment of replacement money amounting to Rp29.15 billion; 127,057 US dollars (US); 283,002 Singapore dollars; 10 thousand euros; 1,470 Thai baht; 30 British pounds; 128 thousand Japanese yen; 500 Hong Kong dollars; 1.26 million Korean won; and Rp2.87 million.

"In the event that the defendant does not have sufficient assets to pay the replacement money, he will be replaced with imprisonment for 3 years," said the prosecutor.

Apart from Kosasih, in the same trial, demands were also read out for the President Director of PT IIM for the 2016-2024 period Ekiawan Heri Primaryanto, who is believed to have committed corruption together with Kosasih.

Ekiawan was sentenced to 9 years and 4 months in prison, a fine of Rp. 500 million, subsidiary to 6 months in prison, and to pay compensation of Rp. 253.66 US dollars, subsidiary to 2 years in prison.

For their actions, the two defendants were charged with being sentenced to criminal acts as stipulated in Article 2 paragraph (1) in conjunction with Article 18 of Law Number 31 of 1999 concerning Eradication of Criminal Acts of Corruption as amended and supplemented by Law Number 20 of 2001 jo. Article 55 paragraph (1) 1st of the Criminal Code.

In that case, Kosasih and Ekiawan were charged with causing state losses of Rp1 trillion. Both are suspected of jointly making fictitious investments to enrich themselves, others, and corporations, causing state losses.

In detail, the case enriched Kosasih worth Rp28.45 billion, 127,037 US dollars (US), 283 thousand Singapore dollars, 10 thousand euros, 1,470 Thai bahts, 20 British pounds, 128 Japanese yen, 500 Hong Kong dollars, and 1.26 million Korean won, and enriched Ekiawan with 242,390 US dollars.

In addition to the two, this unlawful act helped enrich Patar Sitanggang by Rp200 million, PT Insight Investment Management (IIM) Rp44.21 billion, and PT Pacific Sekuritas Indonesia Rp108 million.

Several other parties enriched in the case, namely PT KB Valbury Sekuritas Indonesia worth IDR 2.46 billion, Sinar Emas Sekuritas IDR 44 million, and PT Tiga Pilar Sejahtera Food Tbk. (TPSF) IDR 150 billion.

For their actions, the two defendants face criminal charges in Article 2 paragraph (1) or Article 3 jo. Article 18 of Law Number 31 of 1999 concerning the Eradication of Criminal Acts of Corruption as amended and supplemented by Law Number 20 of 2001 jo. Article 55 paragraph (1) 1st of the Criminal Code.