Tommy Suharto implicated in Rolls Royce investigation
Monday, December 10, 2012 at 5:08AM
Richard L. Cassin in Dick Taylor, Garuda, Indonesia, Rolls Royce, Serious Fraud Office, Tommy Suharto, Whistleblower

Rolls Royce aircraft engine (Photo courtesy of Wikipedia commons)The U.K. Serious Fraud Office may be investigating an alleged $20 million payment from Rolls Royce to the son of the former Indonesian ruler who helped the company win an order for aircraft engines, according to a report Sunday in the Guardian.

Last week, the company confirmed that it was in talks with the SFO regarding payments to intermediaries in Indonesia and China.

The Guardian identified a whistleblower, former Roll Royce employee Dick Taylor.

He 'claimed that Tommy Suharto – a son of the late President Suharto – received $20 million and a Rolls Royce car to persuade the national airline, Garuda, to order Rolls Royce Trent 700 engines in 1990,' the Guardian said.

The SFO hasn't confirmed or denied the launch of an investigation of Rolls Royce.

In a prepared statement, the company said last week, "It is too early to predict the outcomes [of the investigation], but these could include the prosecution of individuals and of the company.”

President Suharto held office for 31 years until he was forced out by rioting in 1998.

The U.S. Justice Department doesn't comment on FCPA investigations.

Indonesia has become a likely FCPA enforcement target.

As we reported in September, notes of a joint U.S. - Indonesia commission referred to coordinated anti-corruption efforts. The notes said an Indonesian investigator recently graduated from the U.S. FBI National Academy.

Article originally appeared on The FCPA Blog (http://www.fcpablog.com/).
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