HALISTER1: CORRECT: Indonesia Suspects Drug Link at Illegal Money Changers

CORRECT: Indonesia Suspects Drug Link at Illegal Money Changers

(Bloomberg) -- (Corrects spelling of director’s name in lead) The National Narcotics Agency suspects illegal money changers of being involved in drug trafficking, Rokhmad Sunanto, director for money laundering at the agency, tells reporters in Jakarta.
  • Money changers may be unaware of drug-trafficking activity, but there’s reason to suspect they know if there has been multiple transactions: Sunanto
  • Finance Minister has agreed that some assets confiscated by the agency may be repurposed for the agency’s activities, including prevention and rehabilitation: Sunanto
  • Bank Indonesia notes 612 unlicensed money changers as of Oct, with all of them required to get a license by April 7, says Eni Panggabean, head of financial system policy and supervision at Bank Indonesia
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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