Jakarta — Indonesian police said on Tuesday Interpol had issued red notices, the closest to an international arrest warrant, for three Chinese executives suspected of fraud linked to a more than $800m Sinopec oil terminal development in Indonesia. China Petroleum and Chemical Corporation (Sinopec) is the second major Chinese state oil firm in less than three years to find staff facing allegations of corruption in Indonesia, where the resources sector is riddled with graft, legal and contractual uncertainty. "The three red notices have been published for those wanted people," said national police spokesman Boy Rafli Amar. Indonesian authorities had filed a request for Interpol assistance on February 21 regarding the three executives, suspects in the alleged embezzlement of an undisclosed sum of money from the West Point Terminal project, Amar said. He identified the three officials as West Point Terminal finance director Zhang Jun, CE Feng Zhigang and chairman Ye Zhijun. In a stateme...

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