The Figure of Mochtar Riza Pahlevi Tabrani, Former CEO of PT Timah Entangled in a Corruption Case

Kapanlagi.com - Mochtar Riza Pahlevi is caught in a sensational corruption case related to the trading of tin commodities in the mining business license (IUP) of PT Timah during the period of 2015-2022. This case has revealed illegal practices that have cost the state a staggering amount, reaching Rp300 trillion.

The Public Prosecutor (JPU) accused Riza, along with several other high-ranking officials, of collaborating to facilitate illegal tin mining by partnering with five private smelters. In the scheme revealed, there were payment manipulations, production data engineering, and the use of tin processing equipment without proper feasibility studies.

After going through a dramatic legal process, Riza was finally sentenced to eight years in prison and fined Rp750 million. This sentence is lighter than the prosecutor's demand for a 12-year prison term and a fine of Rp1 billion. Moreover, Riza is also required to pay compensation of Rp493.39 billion, or face an additional six years in prison.

Here are the details:

1. Profile of Riza Pahlevi

Mochtar Riza Pahlevi Tabrani, a familiar figure in the business and mining world, was born in Jakarta on July 25, 1968, and pursued a bachelor's degree in Geology at Trisakti University before obtaining an MBA from Cleveland University, United States.

As the President Director of PT Timah, appointed on April 7, 2016, and re-elected on April 6, 2021, Riza is known for his brilliant track record, including experience as the Chief Financial Officer at Perusahaan Gas Negara (PGN) and Commissioner of PT Gas Energi Indonesia.

However, his career journey at PT Timah came to an abrupt end after being dismissed through an Extraordinary General Meeting on December 23, 2021, although his leadership legacy is remembered as a respected figure in financial management and corporate strategy.

2. No Malicious Intent

In a tense trial, Riza's legal counsel asserted that his client had no malicious intent in any policies made during his leadership at PT Timah. Riza claimed that all actions taken were aimed at improving community welfare and the productivity of the company.

However, the panel of judges found Riza guilty of violating Article 2 Paragraph (1) and Article 18 of the Anti-Corruption Law, sentencing him to eight years in prison, a fine, and compensation for state losses.

Although the sentence was lighter than the prosecutor's demands, it was considered because Riza was a cooperative defendant, had no prior convictions, and had family responsibilities.

With sincerity, Riza expressed, "I have no malicious intent. Everything was just to improve the welfare of the community and increase the production of PT Timah. This is what I have to go through, but I accept it because God knows my intentions."

3. Who is Mochtar Riza Pahlevi Tabrani?

Mochtar Riza Pahlevi Tabrani, a figure who served as the President Director of PT Timah Tbk from 2016 to 2021, is now caught in a swirl of corruption scandals that have shaken the business world.

4. How long is the sentence given to Riza Pahlevi?

Riza Pahlevi must face the bitter reality after being sentenced to eight years in prison and fined Rp750 million for his involvement in the corruption scandal of tin commodity trading.

5. Why is Riza Pahlevi entangled in a corruption case?

He is caught in a sensational corruption case, accused of facilitating illegal tin mining that has cost the state a staggering Rp300 trillion.

(kpl/srr)