Wilmar Group hands over $725 million in Indonesia palm oil graft case
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
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Should l Buy ?
Source: Reuters
Wilmar Group's Legal Situation: Wilmar Group has deposited 11.8 trillion rupiah ($725 million) as a security deposit with Indonesia's Attorney General's Office amid ongoing legal proceedings regarding alleged misconduct in obtaining palm oil export permits, despite being previously cleared of bribery accusations.
Judicial Corruption Allegations: The Attorney General's Office has arrested judges involved in the case for allegedly accepting bribes and has also detained a Wilmar employee, while asserting that the company is cooperating with investigations into the matter.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
