Palm Oil Co. Fined $30M For Torching Indonesian Forest

Law360, New York (January 13, 2014, 8:34 PM EST) -- An Indonesian court ruled Wednesday that a palm oil company must fork over more than $30 million for burning forest land and driving protected species to the brink of extinction.

Meulaboh District Court Judge Rahmawati SH ordered PT Kallista Alam to spend $20.8 million to restore land that was scorched to develop palm oil plantations and pay the government an additional $9.4 million in material restitution.

Indonesian environment minister Balthasar Kambuaya hailed the result as a major deterrent against environmentally risky behaviors from other companies with...
To view the full article, register now.