Indra Kenz, the fraudster behind the Binomo Ponzi scheme that cost victims billions of Rupiah, was originally handed a 10-year prison sentence and a Rp5b fine in November 2022.
Indra Kenz Binonomo. Is it justified that the assets are confiscated by the state instead of returned to the victim of this pyramid/ponzi scam https://voi.id/en/news/227481/read How come you expect the vitim of other Robo-tradings such as ATG, Net89, Fahranheit want to come forward knowing that...
www.expatindo.org
Yet, he served just under four years before being released on parole from Cibinong Prison on September 24, 2026.
To make matters worse, Cibinong Prison was recently exposed for converting some parts of the prison to become hotel alike accommodation. The investigators found Kenz's personal belongings in the luxury accommodation in this prison.
Indra Kenz's Conditional Release on parole on the Brink: Cibinong Prison's Luxury Cluster a Trigger
Other elite convicts, such as Harvey Moeis (from the multi-trillion Rupiah PT Timah corruption case) and Ferdy Sambo (the former police general convicted of murder) has also been in this prison.
In Tommy Suharto case, he was originally sentenced to 15yrs for mastermind the murder of the Judge sentencing him yet he actually spent just four years. There were widespread rumours and reports about Tommy Suharto receiving highly preferential treatment and frequently leaving prison during his sentence. Reports indicated that he was repeatedly allowed to travel in and out of the prison under the pretext of "medical reasons". However, instead of just receiving medical care, he was reportedly seen visiting an exclusive golf course in Jakarta.
Also where did all of the money this corrupt embezzle go ? In Indra Kenz he also got fine of Rp5b and the victims did not get their money back. It leaves little to the imagination when you think about where all that stolen/corrupt money really went. This is especially true for cases of derivative corruption, where one corrupt act stems directly from a previous one, creating a complex web of accomplices at every stage.
Given Indonesia's long, repeating history of wealthy inmates buying VIP prison experiences, other parties colluding, benefiting from it including the money that have been embezzled, it raises a serious question: do prison sentences in Indonesia actually deter crime any more?
