Fri, 13 Nov 2009
From: Reuters
JAKARTA - INDONESIA needs a new state commission to oversee sweeping reform of the judicial system, a process which could take 10-20 years to complete, a top legal expert told Reuters in an interview on Friday.

Mr Adnan Buyung Nasution, who heads a team of legal and human rights experts appointed by the president to investigate a scandal involving the country's law enforcement agencies, is due to present the team's final recommendations next week.

Public frustration has mounted over an apparent plot involving the police, attorney-general's office, and two businessmen to undermine the Corruption Eradication Commission (KPK), seen as one of Indonesia's few effective law enforcement agencies for prosecuting corrupt officials.

'I would like to see the whole case as an entry point to reform the legal institutions in Indonesia,' Mr Nasution, 75, said in a telephone interview. With enough evidence, 'we might make a recommendation to establish a state commission to reform the legal institutions so that we have rule of law in Indonesia.

'This is something that is really at stake now. How will investors come to Indonesia if there is no legal certainty?'

Indonesia has lagged other emerging economies including China and India, and investors frequently cite corruption and legal uncertainty as among the main deterrents. But South-east Asia's biggest economy could follow Hong Kong's example in eradicating corruption to become a clean and attractive investment destination, Mr Nasution said, adding: 'It can be done, if there's a real plan, serious action by the government, clear directions.'



News Search/Filter
Transaction Rates
23 Oct 17
Buy
Sell
AUD1
10,976.77
10,192.07
BND1
10,304.70
9,568.38
BTC1
78,306,497
78,306,497
CAD1
11,118.59
10,321.48
CHF1
14,261.76
13,240.22
CNH1
2,114.82
1,963.75
DKK1
2,219.39
2,060.93
EUR1
16,520.60
15,342.20
GBP1
18,521.99
17,197.08
HKD1
1,798.92
1,670.64
JPY100
12,337.38
11,457.33
LAK1
1.69
1.56
NOK1
1,758.02
1,631.74
NZD1
9,775.38
9,072.36
PGK1
4,505.24
3,962.64
SEK1
1,717.05
1,594.12
SGD1
10,304.70
9,568.38
THB1
423.00
392.62
USD1
14,035.00
13,035.00
VND1
0.62
0.57
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services