Indonesia: Indonesia central bank chief questioned by anti-graft agency

Author(s): UNK | Date: November 1, 2016 | Language: English
Source: http://www.businesstimes.com.sg/ | URL: https://goo.gl/gwLpKv | Type: Text

Indonesia’s central bank Governor Agus Martowardojo was questioned by the nation’s anti-corruption agency as a witness in a probe relating to a government contract that was awarded during his time as finance minister.
Mr Martowardojo appeared at the offices of the agency known as KPK on Tuesday, Andiwiana Septonarwanto, deputy director of communications at Bank Indonesia, said in a mobile phone text message. The governor hasn’t been named by the KPK as a suspect in the case, which involves a project to develop an electronic identity card led by the Ministry of Home Affairs.
Mr Martowardojo, 60, has improved transparency and credibility of monetary policy in Indonesia, helping to bring inflation down to single digits and keeping it below the 5 percent upper limit of the bank’s target for a year. He was finance minister from 2010 to 2013 before being appointed by former president Susilo Bambang Yudhoyono to head the central bank.

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