Indonesia's Anti-Corruption Agency Raids Central Bank

Indonesia's anti-corruption agency has conducted a raid on the headquarters of Bank Indonesia as part of an investigation into alleged misuse of funds from its corporate social responsibility (CSR) program. The raid, confirmed by both the central bank and the Corruption Eradication Commission (KPK), focused on allegations that funds intended for CSR were siphoned for personal gain. Central bank Governor Perry Warjiyo stated that the bank respects the investigation and asserted that its CSR programs operate under strong governance. The KPK has not yet announced any suspects or the amount of funds misused. This raid follows a broader context of rampant corruption in Indonesia, despite government efforts to eradicate it. In 2023, Transparency International ranked Indonesia 115 out of 180 countries in its Corruption Perceptions Index.