channelnewsasia.com - Corruption scandal set to rock Indonesia's central bank
   
 
  blogs  
 
yournews
   
   
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Business News

 
 

Corruption scandal set to rock Indonesia's central bank
Posted: 19 August 2008 1735 hrs

 
 
Photos  of

   
 

JAKARTA: Another corruption scandal is set to rock Indonesia's central bank, as well as the country's parliament. New evidence has emerged that lawmakers were paid to elect Ms Miranda Goeltom as the central bank's senior deputy governor in 2004.

A lawmaker has admitted to the Anti-Corruption Commission that he received some US$54,000 in cash, allegedly as a payout for favouring Ms Goeltom over two other candidates for the post.

Some senior central bank officials, including its governor, are currently on trial for making illegal payments to lawmakers amounting to more than US$3 million.

The payout was allegedly made to 52 members of the House Commission to smoothen the passage for a banking bill. Among the alleged recipients are two serving ministers in the current Yudhoyono administration.

Separately, the anti-corruption agency has raided the office of the forestry minister in connection with another corruption case involving the conversion of a mangrove forest in South Sumatra.

The forestry minister is also one of the two implicated in the central bank's corruption case.


- CNA/so

 

 



Other business News
G8 surveys financial crisis aftershocks
China undecided on anti-dumping moves against Saudi Arabia
Nomura breaks into Saudi investment banking market
Taiwan benefits from China's economic stimulus
Sarkozy pries open France's door to Sunday shopping
Chinese carmaker submits offer for GM's Opel
India looks to cut out middlemen on gold
Michael Jackson's death fuels business bonanza
Bolivia points to energy, rail nationalisation
Vatican hit by economic downturn

 


Advertisements

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions