The Fallout from the Looting of Sri Mulyani’s Home
Monday, September 8, 2025
The rumor of Sri Mulyani’s resignation from the cabinet after her home was ransacked sent Indonesia’s financial markets into a tailspin. Trillions of rupiah in foreign capital fled.
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THERE was something unusual about the opening of trading at the Indonesia Stock Exchange (IDX) in Jakarta on Monday, September 1, 2025. Exchange officials had suddenly arranged a formal ceremony for the day. A long table was set on stage in the main hall of the IDX building. But just minutes before trading began at 9am, the setup was dismantled, replaced with a single podium.
Soon after, Coordinating Minister for the Economy Airlangga Hartarto a
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