Business

Boediono urged to relegate from BI

Aditya Suharmoko, The Jakarta Post, Jakarta | Fri, 05/15/2009 3:14 PM
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As Bank Indonesia (BI) Governor Boediono has been chosen as Susilo Bambang Yudhoyono’s vice presidential candidate, he is expected to step down from BI due to possible conflicts of interest, lawmaker Dradjad H. Wibowo said Thursday.

"It is better for Boediono to step down so his performance and professionalism are not jeopardized," said Dradjad, citing the fact that Boediono was not present at a Thursday meeting with the House of Representatives' commission XI overseeing financial affairs.

The meeting was called to discuss persistently high bank lending rates, but was postponed by SBY.

"If he [Boediono] comes to commission XI and explains BI's policies, people will ask whether he's doing it for BI or for the Democratic Party," said Dradjad of the National Mandate Party (PAN).

Under the law on BI, a BI official is expected to step down if his performance is comprised by other activities. If the BI governor steps down, he will be temporarily replaced by the BI deputy governor.

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