global markets / governance risk
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Bloomberg (Danantara dirty money, June 25) · United States · الروبية الإندونيسية تتجاوز حاجز 18,000 مقابل الدولار في عهد برابوو، والمستثمرون يفرون من العملة الأسوأ أداءً في آسيا
Exposes a provision buried in new financial-sector legislation that shields Danantara sovereign-fund bond purchases from criminal, civil and tax investigations, unprecedented legal immunity that Bloomberg says opens the door to illicit flows and compounds investor concern about governance risk.
“Indonesia buried a provision shielding Danantara bond purchases from criminal, civil and tax investigations, opening the door to dirty money.”