A Report Card Written in Red

The BPK has uncovered a number of problems in Bank Indonesia. From unsolved liquidity support funds and breaches of contract to purchases of expensive paintings.

June 3, 2003

The brows of the two officials furrowed in unison. The pair—Governor of Bank Indonesia (BI) Burhanuddin Abdullah and Minister of Finance Boediono—were busy scrutinizing closely details of the conclusion reached at the internal meeting of the Finance & Banking Commission of the House of Representatives (DPR) last Monday.

The furrows were not without reason. The meeting had indeed ended in an anti-climax. The commission has agai

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