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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## High-Profile Conviction in Pertamina Scandal
An Indonesian court has sentenced Muhammad Kerry Adrianto Riza, son of the notorious oil tycoon Mohammad Riza Chalid, to 15 years in prison. The conviction is part of a massive corruption case involving the state-owned energy company Pertamina, which has reportedly cost the government $17 billion.
## Details of the Case
Kerry Riza, who held a senior position at PT Kilang Pertamina Internasional, was found guilty of manipulating leases and colluding with company executives. The court also imposed a fine of approximately $59,500 and ordered restitution of about $173 million.
## Ongoing Investigations
The case has drawn significant attention due to the involvement of Kerry's father, known as the "gasoline godfather," who is currently wanted by Interpol. He fled Indonesia amid the investigation, and a red notice was issued for his arrest in January.
## Broader Implications
The Pertamina scandal highlights ongoing issues with corruption in Indonesia, where numerous public officials have been arrested in recent years. The government continues to grapple with graft, as evidenced by other high-profile cases, including a former communications minister sentenced in 2023 for a separate corruption incident.
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