Tag:

Packaging

Q: What were Zarof Ricar's charges?

Zarof ricar was charged with corruption and money laundering after an investigation revealed he possessed illicit assets worth nearly Rp 1 trillion and 51 kg of gold.

Q: What measures can prevent judicial corruption?

Implementing robust anti-corruption measures, such as asset declaration requirements, whistleblower protection, and independent oversight bodies, can help prevent corruption within the judiciary.

News

16-Year Jail Sentence: Rp 1T Property Extension Office Fraud

by Emma Walker – News Editor June 19, 2025

written by Emma Walker – News Editor

Ex-Supreme Court Official Zarof Ricar Sentenced to 16 Years for Corruption, Money Laundering

Table of Contents

Ex-Supreme Court Official Zarof Ricar Sentenced to 16 Years for Corruption, Money Laundering

Zarof Ricar, a former high-ranking official within Indonesia’s Supreme court, has been sentenced to 16 years in prison for corruption and money laundering.the sentence follows an investigation that uncovered illicit assets totaling nearly Rp 1 trillion (approximately $61.5 million USD) and 51 kg of gold, raising serious questions about judicial integrity.

Details of the case

The case against Zarof Ricar began to unfold following a controversial acquittal in a murder case involving Gregory Ronald Tannur. Prosecutors, suspecting foul play, launched an investigation that led them to Zarof, who was believed to be a key figure in brokering favorable verdicts.

Zarof Ricar’s career trajectory within the Supreme Court included positions such as Director of Pranata and Criminal Case Management and Secretary of the Directorate General of the General Court.Before his retirement on February 1, 2022, he served as the Head of the Research and Progress and Education Agency and Legal and Judicial Training. His arrest in Jimbaran,Bali,in October 2024,marked a significant turning point in the investigation.

Subsequent searches of Zarof’s residence revealed staggering amounts of cash in various currencies, equivalent to Rp 915 billion, along with 51 kg of gold. These findings led to charges of corruption and money laundering, as Zarof was unable to provide legitimate sources for the wealth.

Did You Know? The total value of the confiscated assets, including gold, exceeded Rp 1 trillion, highlighting the scale of the alleged corruption.

The Ronald Tannur Case Connection

The investigation revealed that Zarof Ricar had allegedly accepted Rp 5 billion from Lisa rachmat to influence the Ronald Tannur case cassation. However, instead of using the money for its intended purpose, Zarof reportedly used it to finance a film project titled ‘Sang Sadile’.

The judges stated that Lisa gave rp.5 billion to Zarof to be handed over to Chief Justice Soesilo regarding the arrangement of Ronald’s cassation. The judge said Zarof met Soesilo in Makassar and delivered Lisa’s request to strengthen Ronald’s free decision.

Supreme Court Judge Soesilo ultimately issued a dissenting opinion in the Ronald Cassation Decision. The Rp 5 billion from Lisa was not handed over by Zarof to Soesilo but used for the cost of the film ‘The Schedule’.

Pro Tip: Dissenting opinions in court decisions can frequently enough signal deeper disagreements or concerns within the judiciary.

Key Evidence and Court Findings

During the trial, prosecutors presented evidence that Zarof Ricar could not account for the origin of the Rp 915 billion and 51 kg of gold found at his home. The court ruled that these assets were the proceeds of corruption and ordered their seizure by the state.

Chief Justice Rosihan Juhriah Rangkuti stated, “the assets confiscated from the defendant according to the assembly have been proven from the results of corruption because there is no legal source of income that can explain the ownership of assets in the form of cash in various currencies equivalent to Rp 915 billion and 51 kg of precious metal gold for a civil servant.”

The court emphasized that Zarof failed to demonstrate that the assets were obtained legally through inheritance, grants, businesses, or other legitimate sources of income.

Impact and Implications

The sentencing of Zarof Ricar sends a strong message about the Indonesian government’s commitment to combating corruption within its judicial system.The case has sparked public outrage and calls for greater clarity and accountability among public officials.

The investigation and trial have also highlighted the challenges of uncovering and prosecuting corruption cases, particularly when they involve high-ranking officials and complex financial transactions.

Summary of Key Details

Key Detail	Description
Defendant	Zarof Ricar, former Supreme Court official
Sentence	16 years in prison
Charges	Corruption and money laundering
Illicit Assets	Rp 915 billion in cash, 51 kg of gold
Ronald Tannur case	Allegedly accepted Rp 5 billion to influence cassation

Questions for Discussion

what measures can be implemented to prevent corruption within the judiciary and ensure greater accountability among public officials?

How can the process of investigating and prosecuting corruption cases be improved to ensure that justice is served effectively and efficiently?

Evergreen Insights

Corruption in the judiciary undermines the rule of law and erodes public trust in government institutions. Cases like Zarof ricar’s highlight the need for robust anti-corruption measures, including asset declaration requirements, whistleblower protection, and independent oversight bodies.Transparency International consistently ranks countries based on perceived levels of public sector corruption, providing a benchmark for assessing progress and identifying areas for advancement Transparency International.

The fight against corruption requires a multi-faceted approach involving law enforcement, regulatory agencies, and civil society organizations.International cooperation is also essential to track and recover illicit assets that may be hidden in offshore accounts or used to finance criminal activities.The United Nations Convention Against Corruption (UNCAC) provides a framework for international cooperation in preventing and combating corruption United Nations.

Frequently Asked Questions

Who is zarof Ricar?

Zarof Ricar is a former high-ranking official within Indonesia’s Supreme Court who was recently sentenced to 16 years in prison for corruption and money laundering.

What were Zarof Ricar’s charges?

Zarof Ricar was charged with corruption and money laundering after an investigation revealed he possessed illicit assets worth nearly Rp 1 trillion and 51 kg of gold.

What was the Ronald Tannur case connection?

Zarof Ricar allegedly accepted Rp 5 billion to influence the Ronald Tannur case cassation but instead used the money for a film project.

What assets were confiscated from Zarof Ricar?

Authorities confiscated Rp 915 billion in cash and 51 kg of gold from Zarof Ricar, which were deemed to be the proceeds of corruption.

What is the meaning of this case?

The sentencing of Zarof Ricar underscores the Indonesian government’s commitment to combating corruption within its judicial system and sends a message about accountability among public officials.

what measures can prevent judicial corruption?

Implementing robust anti-corruption measures,such as asset declaration requirements,whistleblower protection,and independent oversight bodies,can help prevent corruption within the judiciary.

Disclaimer: This article provides general information and should not be construed as legal or financial advice. Consult with a qualified professional for specific guidance.

Share your thoughts on this case and the fight against corruption in the comments below. Subscribe for more updates on crucial news stories!

June 19, 2025 0 comments

Business

Trade Minister Demands Authenticity in Media Amidst Re-Packaged News Concerns

by Chief editor of world-today-news.com February 20, 2025

written by Chief editor of world-today-news.com

Indonesia Tackles cooking Oil Price Crisis with Innovative Solutions

JAKARTA — Amidst reports of price manipulation in Indonesia’s cooking oil market, Trade Minister budi Santoso addressed concerns on Thursday, Feb. 20, 2025, assuring the public that the government is actively monitoring and intervening to stabilize prices.

The minister confirmed that traders are now selling government-branded cooking oil in an orderly fashion. “No, nothing. But not, everything is orderly. We have been orderly,” he said during a meeting at the Ministry of Trade.This statement, while seemingly simple, underscores the government’s commitment to restoring order to a market considerably impacted by price manipulation.

Repackaging of cooking oil, often called “oplos,” allows for higher retail prices. The government has set a highest retail price (HET) of Rp 15,700 per liter for certain brands, but premium and bulk cooking oils remain unregulated, creating opportunities for exploitation. This price disparity highlights the complexity of the issue and the need for a multi-faceted approach to regulation.

Minister Santoso explained that the government utilizes the Trade Performance Reporting and Monitoring System (SP2KP) to track oil prices nationwide. “We have SP2KP, yes. We SP2KP is monitored every day by the service. Yes, so if, which is the expensive point we certainly know. When there is an expensive point,which region is,we will definitely communicate with the region,” he explained.This system allows for rapid identification of areas with inflated prices, enabling prompt intervention and supply adjustments.

to further control prices and ensure equitable distribution, particularly in eastern indonesia, the government is collaborating with state-owned food enterprises (BUMN) such as ID Food and perum Bulog. “As if Bulog and ID Food are the east areas, manny distributors will quickly go down (price). In SP2KP there will be an area, such as, the expensive is red, now it has begun orange, so it’s good now,” Santoso noted. The involvement of these BUMNs is crucial for addressing regional disparities and preventing price gouging in remote areas.

The government’s multi-pronged approach, combining monitoring through the SP2KP system with the strategic deployment of BUMN resources, aims to ensure affordable and accessible cooking oil for all Indonesians. The ongoing efforts highlight the government’s commitment to addressing this critical issue and maintaining price stability within the market. This thorough strategy demonstrates a commitment to both short-term stabilization and long-term market reform.

Indonesia’s Bold Moves against Cooking Oil Price Manipulation: Insights from an Industry Expert

Opening Statement:

amid rising concerns over price manipulation, Indonesia is boldly stepping up with innovative strategies. How are government interventions transforming the cooking oil market?

Senior Editor (SE):

Indonesia has been grappling with meaningful price manipulation in its cooking oil market. Could you shed some light on the current strategies the Indonesian government is implementing to address this issue?

Expert:

Certainly. The Indonesian government, led by Trade Minister Budi Santoso, is taking decisive action to stabilize the cooking oil market. They’ve implemented a robust monitoring system called the Trade Performance Reporting and Monitoring System (SP2KP). This system is pivotal for tracking nationwide cooking oil prices and identifying regions with inflated prices, allowing for timely intervention. Additionally, the government is collaborating with state-owned enterprises, such as ID Food and Perum Bulog, to ensure equitable distribution, particularly in eastern regions prone to price disparities.

SE:

With the phenomenon of “oplos,” or the repackaging of cooking oil to drive up prices, how is the government managing to set regulations that combat this exploitation?

Expert:

The government has set a highest retail price (HET) limit of Rp 15,700 per liter for certain brands to curb the impact of oplos. Though, managing price disparity in premium and unregulated bulk cooking oils remains a complex challenge. the multi-faceted regulatory approach involves monitoring through SP2KP and leveraging the resources of BUMNs to mitigate exploitation. This dual strategy ensures both immediate interventions and long-term market stability, preventing traders from inflating prices through deceptive packaging.

SE:

How effective has the collaboration with state-owned enterprises like ID Food and Perum Bulog been in ensuring that cooking oil remains affordable and accessible, especially in remote areas?

expert:

This collaboration is proving to be highly effective. By involving state-owned enterprises, the government can exert influence over regional distribution networks. As Minister Santoso noted, when these organizations engage in these markets, prices tend to stabilize quickly. In regions where Bulog and ID Food are active, distributors are more likely to reduce prices, as monitored through the SP2KP system. This approach not only promotes price equity but also ensures remote areas are not neglected,demonstrating a commitment to nationwide accessibility.

SE:

what broader implications do these government strategies have for Indonesia’s market reform and economic stability?

Expert:

The government’s strategies signify a larger trend towards transparency and accountability in market operations. By using systems like SP2KP, they’re setting a precedent for data-driven governance that can identify issues before they escalate. This proactive stance not only tempers immediate crises but also lays the groundwork for enduring reform. The successful integration of technology and resource management underscores Indonesia’s dedication to fostering a fair and stable economic environment. Ultimately, these steps are crucial for sustaining market confidence and preventing future manipulations, benefiting both consumers and legitimate enterprises.

Key Takeaways:

Robust Monitoring harnessed: The SP2KP system is central to identifying and addressing price manipulations across the country.
effective Collaboration: partnerships with BUMNs like ID Food and Perum Bulog are vital for maintaining fair pricing, especially in underserved regions.
Long-term Market Reform: Indonesia’s strategic approach not only addresses immediate issues but also paves the way for more enduring market stability and transparency.

We invite you to join the conversation. Share your thoughts on these strategies in the comments below or share this interview on social media to spark a broader discussion on equitable market practices.

February 20, 2025 0 comments

Business

CGS CIMB : HANA, although the next 3-6 months are not bright, we see good profit growth in 2024-2025 – Miti Stock | clearly points out every investment

by Chief editor of world-today-news.com November 20, 2023

written by Chief editor of world-today-news.com

Stock Dimension – The research department of CGS-CIMB Securities (Thailand) stated in an analysis that from the analyst meeting on November 16, HANA expects that the demand for ICs will continue. Weakness over the next 2-3 quarters as demand for restocking falters. because sales in the destination market are falling Meanwhile, customers are becoming more careful about stock management. Because demand in China has not recovered as expected. Therefore, to reduce the impact from low capacity utilization, HANA has plans to control costs, such as reducing the number of employees. and improve the production process

The packaging business for high-end EV modules is starting to have negative factors. Because customers are still trying to clear stock. Amid intense price competition in the EV market, the PCBA business remains strong. Because there is increased demand from the automotive, industrial and medical groups.

The research department of CGS Securities expects that in 4Q23, HANA will have sales decrease 13% yoy and 6% qoq to 6.19 billion baht and operating profit will decrease 8% yoy. and 24% qoq to 551 million baht

In 3Q23, PMS’s sales dropped 29% qoq to 92 million baht due to weak demand for silicon power management devices in China, with Si sales accounting for approximately 80% of the total. PMS sales in Q3 However, despite pressure on Si demand in China, HANA executives revealed that they are beginning to see signs of qoq recovery in Q4.

The Research Department therefore expects that PMS will have sales growth qoq in the 4th quarter as well from increasing production of silicon carbide (SiC) equipment after installing new machinery in the production line in the middle of the 4th quarter and looking at that new products such as MV MOSFET should help reduce the impact from weaker Si sales

HANA revealed that PMS may reach breakeven some six months later than expected, or in the second half of 2024/end of 2025, due to lower demand for Si devices. HANA has not provided any new guidance for PMS sales because it is While adjusting the estimate But the research department believes that May adjust sales target in 2024 down from 45 million USD. This compares to our estimate of $40.5 million.

Even though HANA will face negative factors in the next 3-6 months, the research department still recommends “Buy” because it believes that net profits in 2024-25 will still grow well. The target price at the end of 2024 is 68 baht with a P/E of 17.5 times in 2025. A positive factor supporting the share price is the global demand for electronic products recovering faster than expected. Downside risk will come from gross profit margins. (GPM) lower than expected and PMS increases SiC production slower than expected

Follow the Stock Dimension channel to receive capital market news at the link below.

Web : https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tiktok : www.tiktok.com/@mitihoon

2023-11-20 07:45:51
#CGS #CIMB #HANA #months #bright #good #profit #growth #Miti #Stock #points #investment

November 20, 2023 0 comments

Business

Deception Alert: ‘Handmade Sikhye’ Sold as Ready-made Product at Inflated Prices

by Chief editor of world-today-news.com October 14, 2023

written by Chief editor of world-today-news.com

Money Today Reporter Ryu Won-hye | 2023.10.14 14:31

/ Photo = Online community “Mother’s taste made in the old traditional way” Suspicion has been raised that the ‘handmade sikhye’ sold at a store for 8,000 won is a ready-made product priced at 4,000 won.

On the 13th, Mr. A said to an online community, “I often bought homemade sikhye from a fruit store that could deliver near my house, but when I looked at other people’s reviews, it was factory sikhye, not homemade. I just used it without removing the plastic bottle packaging.” “I sent it and got caught,” he claimed.

According to Mr. A, the price of 500ml sikhye, a ready-made product, was 4,000 won, but the store was selling it for 8,000 won. The store introduced it as ‘Mother’s taste made in the old traditional way.’

Mr. A said, “They have been deceiving customers by just removing the outer plastic. My acquaintance said, ‘It’s like that with everything these days. It was so sweet that it felt like a factory, but it was delicious and I ate it so I couldn’t say anything.'” He added, “The store stopped posting reviews on the delivery app without an apology. “I asked for it,” he said.
/ Photo = Online Community Mr. B, who claims to have worked part-time at the store, said, “That’s blood on my new feet,” and added, “I was told to peel the plastic packaging of sikhye, so I took a picture of it and sent it to a friend because I thought it was absurd to cheat.” The photo released by Mr. B shows what appears to be the plastic packaging of Sikhye PET bottles made in a factory being cut and separated with scissors.

Mr. B also said, “They say it’s tteokbokki made with the owner’s secret sauce, but they use factory products. They have no concept of hygiene. They get bad fruit for free, cut it out, make hwachae, check the seasoning with the spoon used to make hwachae, and stir it again.” “It’s surprising that the guests didn’t get food poisoning,” he claimed.

He continued, “They even told me to urinate and spray water in the storage room where fruit containers and bread are stored because there is no bathroom. It’s really dirty. But it ranks high on delivery apps. Sikhye is told to take off the plastic with scissors when she comes in, but the part-time worker deliberately just delivered it. “There is a possibility that he may have sent it,” he added.

Purchasing a commercially available product and reselling it by claiming it is ‘handmade’ can be considered fraud.

In 2018, the ‘Mimi Cookie’ couple was caught selling about 34.8 million won worth of cookies they bought at a large supermarket by pretending they were organic handmade cookies. At the time, her husband was sentenced to one year in prison and two years of probation on charges of fraud and violation of the Food Sanitation Act, and her wife was sentenced to eight months in prison and two years of probation on the same charges.

2023-10-14 05:31:00
#taste #mother.. #Expensive #handmade #sikhye #controversial #removing #readymade #packaging #costing #Money #Today

October 14, 2023 0 comments

Entertainment

Seo Jeong-hee opens up about her divorce from late ex-husband Seo Se-won

by Chief editor of world-today-news.com September 3, 2023

written by Chief editor of world-today-news.com

Money Today Reporter Ryu Won-hye | 2023.09.03 09:51

/Photo = MBN’s ‘Dongchimi’ actress Seo Jeong-hee (61) recalled the moment when she gave up her feelings for her ex-husband, the late Seo Se-won. On MBN’s ‘Dongchimi’, which aired on the 2nd, Seo Jung-hee appeared and revealed about her divorce from Seo Se-won.

Seo Jeong-hee said that they decided to divorce and shared their belongings. “They asked for the bed they slept with. Tears welled up in my eyes,” she said. revealed

He continued, “In the process of looking for things, I wanted to break everything. It was meaningless.”

Seo Jeong-hee said that after the divorce, she was able to settle her mind thanks to her daughter Seo Dong-ju. He confessed, “It was pathetic to see me begging Seo Se-won.”
/Picture = MBN’s ‘Dongchimi’ Seo Jeong-hee confessed that she called Seo Se-won from time to time even after the divorce, saying, “Communication was not possible. I always prayed and called. Even if the number changed, I somehow found out and called.” “The relationship between her ex-husband and the kids didn’t end well,” she said. “The kids haven’t spoken on the phone since 2013. I, the mother, felt the need to break things off.”

He recalled, “Even two days before he passed away, I mustered up the courage to call him, but I couldn’t answer the phone.”

Seo Jeong-hee confessed, “If my ex-husband hadn’t died, I wouldn’t have been liberated.”

He also mentioned Seo Se-won’s affair and violence. Seo Jeong-hee said, “I was contacted by her adulteress. She was shocked by the betrayal of her husband, whom she trusted.” She said, “All she asked her husband was ‘I’m sorry’. ” he complained.
/Picture = MBN’s ‘Dongchimi’ Seo Se-won was sentenced to 6 months in prison and 2 years probation for assaulting Seo Jung-hee by dragging her legs in front of an elevator in 2014. Regarding this, Seo Jeong-hee said, “Domestic violence also occurred. At the time, I weighed 38.5 kg. In the process of being dragged, my jeans were torn, and I suffered bruises while resisting.” carried away,” he recalled.

Seo Jeong-hee said that she went home with the policeman and packed the things Seo Se-won asked for. He said, “I organized my luggage, decorated it as beautifully as possible, and packed it. I was going to go to an adulterous woman.”

Daughter Seo Dong-ju said, “I couldn’t understand my mother. I was so angry, but I tried to understand.” It must have been. I thought that waiting for my father was not a woman waiting for a man, but rather a heart waiting for her parents, like a daughter waiting for her father.”

Seo Jeong-hee, born in 1962, was a CF star in the 1980s. In 1982, when she was 6, she married comedian Seo Se-won, and she had one son and one daughter, but they divorced in 2015 due to domestic violence and other reasons.

Seo Se-won remarried in 2016 to a 23-year-old haegeum player and had a daughter. He moved to Cambodia for business and died last April while receiving an intravenous injection at a hospital in Phnom Penh.

September 3, 2023 0 comments

Technology

Goobne Take-out Campaign: Up to 4,000 Won Discount on Chicken and Pizza

by Chief editor of world-today-news.com July 3, 2023

written by Chief editor of world-today-news.com

Money Today L’officiel = Reporter Park Young-bok | 2023.07.03 18:48

4,000 won discount on original, red pepper crisp, and Namhae garlic crispy crust, 3,000 won discount on 2 types of pizza, including black truffle steak and Chicago pizza

Goobne Take-out Campaign Image/photo courtesy = G&Food Oven food franchise Goobne (CEO Jeong Tae-yong), operated by G&Food, is holding an event offering up to 4,000 won discount on take-out orders on its website until the end of this month. The discount menu includes 7 popular menu items such as Goobne Chicken and Pizza. ‘Original’, which is steadily loved by consumers, ‘Red pepper crisp’, which is called ‘1 second chicken’ because one chicken is sold every second, and ‘South Sea Garlic Crispy’, which uses garlic from the Namhae area and captivates the taste buds with its savory and spicy taste. Chicken with bones is discounted by 4,000 won.

‘Original Pepper Basasak’ released in generous amounts of 1.5 to target the ‘food grade’ trend, ‘Pepperoni Chicago Pizza’ and ‘Black’ Truffle Steak Chicago Pizza’ is sold at a discount of 3,000 won.

Jeong Tae-yong, CEO of G&Food, said, “We have prepared an event so that you can eat chicken and pizza with high cost-effectiveness during the month of July, when the holiday season begins.”

Goobne is hosting a consumer event, ‘Photogenic Taste,’ using Instagram stories on its official Instagram channel, ‘The Goopster,’ in line with the upcoming summer vacation season.

As event giveaways, 1 million won for summer vacation expenses and a signed CD of Le Seraphim are presented through a lottery, and are receiving enthusiastic responses from consumers by preparing generous gifts.

July 3, 2023 0 comments

Newer Posts

Older Posts