Indonesia anti-graft body searches central bank's headquarters ...Middle East

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The office of central bank Governor Perry Warjiyo was among those raided, two sources familiar with the matter told Reuters. They declined to be named because they were not authorised to speak on the issue.

A spokesperson for the anti-graft body confirmed the search took place but did not provide further details.

The agency in September had said it was investigating CSR programmes run by financial regulators in 2023, including the central bank, for potential misuse of funds for personal gain, according to local media.

“We can ensure that CSR or BI’s social programmes have strong regulatory governance and their decision-making process is through stages,“ Warjiyo told a press conference at the time.

The beneficiaries are selected following a survey and must meet a set of requirements, Warjiyo said at the time, adding the board of governors decides on the size of such donations.

There was no breakdown of or details about the use of the funds.

The raid happened a day before the central bank starts its two-day policy meeting on Tuesday, with its decision due to be announced on Wednesday. It is expected to keep policy rates unchanged, according to a narrow majority of economists polled by Reuters.

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