Indonesia gets tough on corruption

High-profile cases raise President YudhoyonoÆs anti-corruption credentials, but doubts persist as decentralisation provides new opportunities for bung-takers.

In an episode of almost comic irony, Lucky Djani Urip Tri Gunawan was arrested by investigators from IndonesiaÆs Corruption Eradication Commission KPK in March outside the home of Sjamsul Nursalim, the former owner of Bank Dagang Nasional Indonesia BDNI. He had $660,000 stuffed in a box in the back of his car.

Gunawan had been leading a team of 35 prosecutors investigating the Bank Indonesia Liquidity Assistance a bank-rescue fund set up after the 1998 economic crisis corruption case....

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CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...