Said was also fined Rp1 billion, with a six-month prison term as an alternative, and ordered to pay restitution of 58.841 kilograms of Antam gold (valued at Rp35.53 billion) or face an additional eight years in prison.
"We declare that Budi Said is legally and convincingly guilty of corruption and money laundering, as charged in the first and second indictments," Chief Justice Tony Irfan stated during the verdict reading at the Jakarta Corruption Court on Friday.
Said was found to have violated Article 2 (1) in conjunction with Article 18 of Law Number 31 of 1999 concerning the Eradication of Corruption, as amended by Law Number 20 of 2001, in conjunction with Article 55 (1) and Article 64 (1) of the Criminal Code, and Article 3 of Law Number 8 of 2010 concerning the Prevention and Eradication of Money Laundering.
The court took into account various aggravating and mitigating factors when sentencing Said. The aggravating aspect was that his actions resulted in financial losses to the state while benefiting himself and others.
Mitigating factors included Said's lack of prior convictions, his polite demeanor in court, his non-obstructive conduct during the trial, and his family responsibilities.
This sentence is less severe than the prosecution's demand of 16 years in prison, a Rp1 billion fine (with a six-month prison term as an alternative), and restitution of 58.13 kg of Antam gold (valued at Rp35.07 billion) and 1,136 kg of Antam gold (valued at Rp1.07 trillion) or an additional eight years in prison.
In the alleged corruption case involving the sale and purchase of Antam gold bullion, Said was accused of causing state financial losses of Rp1.07 trillion.
The alleged corruption occurred when Said received an excess of 58.13 kilograms of Antam gold (valued at Rp35.07 billion) that did not correspond to the gold sales invoice without making any payment to Antam.
Furthermore, he was obligated to deliver 1,136 kilograms of Antam gold to Antam based on Supreme Court Decision Number 1666 K/Pdt/2022 dated June 29, 2022.
In addition to the corruption charges, Said also faced money laundering charges related to the proceeds of his alleged corruption, including disguising Antam gold sales transactions and using them as capital for CV Bahari Sentosa Alam.
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Translator: Agatha Olivia Victoria, Aditya Eko Sigit Wicaksono
Editor: Rahmad Nasution
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