A Difficult Policy in a Crisis

Accusations are rife that the change of monetary regulations was carried out to favor Bank Century. Let us look at the protocol for crisis management.

January 5, 2010

VICE President Boediono now appears to be sitting in the hot seat. In the justice chamber of parliament in Senayan, Tuesday morning two weeks ago, the former Governor of Bank Indonesia (BI) was rained with sharp questions. He was inundated with questions about having approved short-term funding facilities for Bank Century in November of 2008. Century, which at first was unable to obtain the facility, was finally able to do so after the regulation

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