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Singapore: Indonesia’s Money Laundromat
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Singapore: Indonesia’s Money Laundromat

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Asia Sentinel
Mar 27, 2019
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Singapore: Indonesia’s Money Laundromat
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On March 18, Indonesia’s Finance Minister Sri Mulyani Indrawati (above) announced that the country’s Directorate General of Taxation will go after Indonesian wealth parked overseas, saying data indicate Indonesians have illegally moved Rp1.3 quadrillion (US$91.3 billion) worth of assets outside of the country.

Sri Mulyani doesn’t have far to hunt, and mu…

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