IMF demands investigation of Asian crisis loans

After two years and two investigations have failed to produce a single prosecution or return a single rupiah, the IMF has demanded a new investigation into alleged corruption, reports the Jakarta Post.

The Post quotes Bank of Indonesia internal finance director, Bun Bunan Hutapea as saying " Chances are high that this (probe) will be included in the upcoming Letter of Intent".

The allegations of misuse focus on the dispersal of 144.5 trillion rupiah of liquidity loans to local banks at the height

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.