WORLD BRIEFING / INDONESIA
Indonesia’s top court cleared Time magazine of charges it defamed ex-dictator Suharto by alleging in a cover story that his family amassed a huge fortune during his rule. It said it did not have to pay $106 million in damages.
The ruling was hailed as a victory for press freedom.
Time ran a cover story in its Asian edition in May 1999 saying Suharto’s family had pocketed billions of dollars during his 32-year reign, the bulk of it from oil and mining, forestry, property, banking and petrochemicals. It said the family stashed much of it overseas.
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