Indonesia anti-graft agency raids central bank headquarters

Search conducted one day before policy rate meeting

20241217 Indonesia Central Bank

Bank Indonesia headquarters in Jakarta: The country's anti-graft agency is investigating alleged misuse of funds for the central bank's corporate social responsibility program.  © Reuters

ISMI DAMAYANTI and REZHA HADYAN, Nikkei staff writers

JAKARTA -- Indonesia's anti-corruption agency has searched the headquarters of the central bank in a probe of alleged misuse of funds devoted to its corporate social responsibility (CSR) program, the bank and the agency confirmed Tuesday.

The raid was conducted Monday "over suspected misuse of CSR fund disbursement," Bank Indonesia spokesman Ramdan Denny Prakoso said in a statement.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.