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Car International, Singapore-Azed Agroond giant, associated with the allegations that brought misconditions over the permission of palm fat exports, the “security deposit”, 11.9 trillion Indonesia ($ 729 million) handed over to Indonesia. Wilmar’s shares decreased by 3% in news that reached the lowest point in ten years.
Wilmar earned $ 67.4 billion in revenue last year, the year increased by 0.3%. Agroond giant won $ 1.2 billion in annual income, ie all 2024 net income of the $ 729 million “security deposit” is about 60%.
Indonesian prosecutors accuse the authorities of the Bribery of Bribery to receive permits in 2022 during the deficiency of national cooking oil. Indonesian court was the three judges behind the judge while cleaning the two other companies in Wilmar and March been arrested Graft charges after one month.
The Prosecutor General’s Office of Indonesia has cost 12.3 trillion rupion ($ 755 million) in corruption, which is connected to this export permit.
Tuesday, Wilmar claimed All the narrations conducted by Wilmar (Wilmar) were held in this period in accordance with the prevailing rules related to cooking oil exports. ” Wilmar will receive a “security deposit” if the Supreme Court of Indonesia will return, if it loses the case, will return him if he lost the money.
“Wilmar, paid for state casualties caused by” High-ranking officials before the beginning of Indonesia Tuesday press conference.
The Indonesian global palm oil is about 60% of the supply. Crude is a large substance in Palm Oil, food and household items. In response to the end of 2021 and in early 2022, Indonesia, Palm oil applied strict export restrictions, including A three-week export ban to protect local supply and re-evaluate increasing prices.
Wilmar is one of the largest oil owners in the world, a total arable area is an area of more than 230,000 hectares. This is one of the largest companies in the region, ranked number 4 Fortunes Southeast Asia 500Open separately, one of several companies in the region to turn it into global 500, FortuneSort of the world’s largest companies with income.
Wilmar oil is two-thirds of palm plantings are Indonesia. Along with Palm Oil and Cooking Oil, Wilmar also produces other food products such as rice, noodles and margarine for global markets.
