TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

New law to empower KPK, PPATK in graft fight

  • The Jakarta Post

Jakarta   /   Wed, October 6 2010   /  09:31 am

Legislators have passed into law a money laundering bill that grants new powers to the state’s money laundering agency and gives the antigraft commission the authority to probe illicit fund transfers linked to corruption.The bill was passed at a House of Representatives plenary session chaired by House’s deputy speaker Pramono Anung, from the Indonesian Democratic Party of Struggle on Tuesday.Harry Witjaksono, the head of the special committee tasked with deliberating the bill, said that the new law would grant the Corruption Eradication Commission (KPK) the authority to conduct its own investigation into suspected money laundering connected to graft.Other institutions able to perform investigations, he said, were the National Police, the National Narcotics Agency, the Finance Ministry’s Taxation Directorate General, and Customs and Excise Directorate General.In this country, money...