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Soeharto threatens to seize assets of Time magazine |
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13:26, September 24, 2007 |
Former Indonesian president Soeharto may take legal actions to seize the assets of the Indonesian subsidiary of U.S. magazine Time should it fail to pay the damage as ordered by the Supreme Court, his lawyer said Monday.
The Supreme Court has ordered Time Inc. and its six editors to pay Indonesia's longest-serving president 1 trillion rupiah ( about 108.4 million U.S. dollars) in damage over a 1999 report of the alleged ill-gotten wealth of his family.
"If (Time) refuses to pay, there are coercive measures to seize the assets of the defendants," lawyer Muhammad Assegaf was quoted by leading news website Detikcom as saying.
"But we will only seize their assets in Indonesia only."
Soeharto had ruled Indonesia for 32 years before he resigned in May 1998 amid nationwide protests against his corrupt, military- backed regime.
Source: Xinhua
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