NEWSTICKER

Mahfud MD: IDR300 T Suspicious Transactions Were Likely Money Laundering

14 March 2023 03:12

Indonesia's coordinating minister of political, legal and security affairs, Mahfud MD has explicitly stated that acts of money laundering are potentially taking place in Indonesia's tax offices. Involving funds of up to Rp300 trillion.

Mahfud MD statement comes after Indonesian ministry of finance revealed more data and documents over those suspicions transactions.

The minister said that between 2009-2023, 197 reports of suspicious transactions involving finance ministry officials were filed with the transactions totalling up to Rp300 trillion.

However, according to Mahfud MD since 2009, no action was taken against these reports.

The Indonesian Ministry of Finance said they will continue to cooperate with law enforcement agencies and provide any further necessary data.