KPK Raids Bank Indonesia's Office in Corruption Probe Over Misused CSR Funds
Jakarta. The Corruption Eradication Commission (KPK) conducted a raid at Bank Indonesia (BI) on Monday evening as part of an investigation into alleged corruption involving the misuse of corporate social responsibility (CSR) funds by the central bank and the Financial Services Authority (OJK).
KPK spokesperson Tessa Mahardhika confirmed the raid, stating, "Yes, KPK’s investigative team conducted a search at BI’s office last night," on Tuesday.
The raid is part of an ongoing effort to gather evidence in the corruption investigation related to the use of CSR funds. However, KPK has not yet disclosed any details about the findings of the search.
KPK has been investigating the case since September, confirmed Director of Investigations Asep Guntur. While he did not provide further details, Asep explained that the focus of the investigation is on cases where CSR funds were misused for personal gain, rather than being allocated for their intended social purposes, such as building homes, places of worship, or infrastructure projects.
as a preferred
Related Articles
Rupiah Breaks Rp 18,000 as MSCI Review Triggers Market Turmoil
Rupiah breached Rp 18,000 per USD as MSCI's proposed market reclassification rattled investor sentiment and intensified market pressure.
Indonesia’s External Debt Rises to $459.3 Billion in August
Indonesia’s external debt rose 5.6% year-on-year to $459.3 billion in August, as public borrowing offset a decline in private debt.
Indonesia Pushes Rupiah-Yuan, Rupiah-Ringgit Trade to Reduce Dollar Demand
BI is urging greater use of local currencies in cross-border trade to reduce dollar demand as the rupiah trades beyond Rp 18,000.
Indonesian Stocks Rebound as Strong Domestic Liquidity Offers Support
Indonesian stocks rebound at Friday's open as solid domestic liquidity offsets pressure from oil prices and rising US Treasury yields.
BI Cites US Treasury Yields, $100 Oil as Rupiah Comes under Pressure
The rupiah weakened toward Rp 17,900 as rising US Treasury yields, oil above $100 and portfolio outflows pressured the currency.
KPK Detains Regent, 13 Others in North Sulawesi Sting
KPK detained North Bolaang Mongondow Regent Sirajudin Lasena and 13 others in a sting involving suspected payments tied to local projects.
KPK Names Summarecon CEO, Director General among Eight Corruption Suspects
KPK named eight suspects in a Bogor land rights corruption case after investigators seized around 20 suitcases of cash.
Summarecon Shares Plunge 7% After CEO Detained in KPK Graft Probe
Summarecon shares plunge 7% after CEO detained in KPK graft probe.
KPK Detains 17 in Greater Jakarta, Including Senior Land Officials
KPK detained 17 people, including senior land officials, in Greater Jakarta but has yet to disclose the alleged corruption scheme.
Bank Indonesia Says Digital Money Won’t Replace Cash
Bank Indonesia says digital payments will complement rather than replace cash as Indonesia accelerates its shift to digital transactions.The Latest
Students Plan Jakarta Protests to Mark Two Years of Prabowo's Presidency
Police have advised the public to avoid areas around the House of Representatives complex, the National Monument and the State Palace.
UN Boss Commends Indonesian Forest Protection Despite Persistent Haze Problem
Outgoing UN boss António Guterres' comment comes at an ironic time amid Indonesia's struggle with forest fires.
Indonesia Must Benefit Most From Its Minerals: UN Chief
Outgoing UN chief António Guterres says that Indonesia must "retain a far greater share of the economic value" from its minerals.
Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Most Popular
