'Time' Loses Suharto Lawsuit

Time must pay former Indonesian dictator Suharto $106 million over a 1999 article that defamed him, that country's highest court ruled today. The ruling, over a story that claimed Suharto stole some $73 billion during his bloody rule that spanned four decades, comes after lower courts twice ruled in Time's favor, the AP reports.

"The article and photographs hurt the image and pride of the plaintiff as a great retired army general and the former Indonesian president," said a court spokesman. Suharto still faces charges of human rights abuse and embezzlement. A Time spokesman said the company had not been notified of the ruling and had no comment. The magazine stands by the story. (More Suharto stories.)