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Jakarta Post

Yunus Husein: Anti-money laundering czar

  • Rendi A. Witular

    The Jakarta Post

Jakarta   /   Mon, April 26 2010   /  09:54 am

JP/P.J. LeoAmid the widespread corruption permeating through almost all state institutions, few have survived unscathed in keeping vested interests and political meddling at bay. But one such rare bird is the anti-money laundering watchdog, the Financial Transaction and Report Analysis Center (PPATK).And it is thanks to its first chairman, Yunus Husein — who set up the institution from scratch in mid-2002 after the passing of the anti-money laundering law, that the institution boasts an exemplary track record in maintaining integrity among its officials. Eight years on, Yunus’s hard work presents society with an unchallenged legacy, not only of a corruption-free institution but also a money-laundering detection system that has effectively spotted many suspicious transactions stemming from illegal practices. Yunus’ days at the PPATK are now numbered as he has to relinquish his job i...