Bloomberg News

Bank Indonesia Deputy Governor Under Investigation, WSJ Reports

October 03, 2011

Oct. 3 (Bloomberg) -- Bank Indonesia has relieved Deputy Governor Budi Mulya of his role in managing its monetary policies, including the task of maintaining the rupiah exchange rates, while he is under investigation by the state auditor in relation to his debt to a former owner of a local bank, the Wall Street Journal reported on its website today.

The central bank’s internal probe found there was a violation by Mulya against its code of conduct, the report said, citing Difi Johansyah, a spokesman at the bank. Bank Indonesia deputy governors Hartadi Sarwono and Halim Alamsyah have assumed Mulya’s former role, the report said.

Johansyah couldn’t immediately comment on the report when contacted by Bloomberg News by telephone.

To contact the reporter on this story: Berni Moestafa in Jakarta at bmoestafa@bloomberg.net

To contact the editor responsible for this story: Berni Moestafa at bmoestafa@bloomberg.net


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