Asia Sentinel

Asia Sentinel

Business/Economy

Indonesia’s Rogue Bank

Stolen millions, money laundered to terrorists and the Russian Mafia are just a start

John Berthelsen's avatar
John Berthelsen
Apr 10, 2017
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In a country replete with financial scandals, there are few with as many twists and turns as Bank Century, whose near failure in 2008 spurred fears of a systemic collapse of Indonesia’s financial system before it was taken over by Bank Indonesia, the central bank, and fashioned into what became Bank Mutiara.

The bank is now known as Bank J Trust and is o…

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