Indonesia Central Bank Cooperates With Graft Probe of CSR Funds

  • Corruption watchdog raided central bank in Jakarta on Dec. 16
  • Probe examines use of corporate social responsibility funds

Perry Warjiyo

Photographer: Dimas Ardian/Bloomberg
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Bank Indonesia Governor Perry Warjiyo vowed to cooperate with a corruption probe of the central bank, which was raided earlier this week by the country’s anti-graft agency.

Warjiyo said the central bank’s respect for the legal process was shown by the central bank’s handing of documents to KPK, and the provision of of statements by central bank officials. Still, he acknowledged that market observers will track the developments.