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Bank of Indonesia Raided Over Alleged Corruption Case

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Algo Research Team

Politics | Dec 18, 2024 | Views: 386

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Key Summary:

  • Alleged corruption regarding CSR funds
  • Bank of Indonesia allocated IDR1.6tn for PSBI
  • The case has been ongoing since August 2024

The Indonesian Corruption Eradication Commission (KPK) confirmed this week that they had conducted a search in Bank of Indonesia's office regarding an alleged ongoing corruption case.


Context: The case that is being investigated by KPK is related to corporate social responsibility (CSR) funds misappropriation, which are managed by Bank of Indonesia and Indonesian Financial Services Authority (OJK).

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