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JAKARTA, Indonesia — Indonesia’s top court cleared Time magazine of defaming ex-dictator Suharto by alleging in a cover story that his family amassed a fortune during his rule.
It said Thursday that the publication did not have to pay $106 million in damages.
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 — and had stashed much of the money overseas.
