14 April 2008

The Indonesian Equation -- Legislation + Money = Corruption

With the recent arrest of the current Bank Indonesia (Indonesian Central Bank / BI) Governor, Burhanuddin Abdullah, for the alleged misappropriation of some USD 11 million from the bank in payments to various legislators to ensure the passage of BI related bills and legislation has proved that money and legislation just do not mix!

The Governor's official tenure in office does not end until May. However, the House of Representatives (DPR) has just approved the current Coordinating Minister of Economic Affairs, Boediono, as the next Governor of BI. In light of the arrest and detention of the current Governor perhaps the Governor-designate needs to move offices and get an early start!

One hopes that this signifies that the Corruption Eradication Commission (KPK) is getting better and more competent at its job and a more coordinated and significant effort to reduce corruption will be the norm from now on.

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