| Description |
1 online resource (streaming video file) (26 min. 39 sec.) ; 160643494 bytes |
| Summary |
They're two darlings of Jakarta's fashion obsessed, social set. One's a former top central banker mired in claims she jumped into the job off a pile of bribes. The other's a brassy financial high flyer also accused of a super-charged rise to the top on criminal deals. They're both starring in separate, sensational courtroom dramas exposing the murky goings on - top to bottom - in Indonesia's banking system. After all - down the ladder - if you don't pay your credit card bill you might end up dead.It's where counting your millions or even your billions is a boom industry in itself. Indonesia is now home to more than 60,000 millionaires and there are now 20 billionaires wheeling and dealing across the nation - twice as many as there were just two years ago.Indonesia's financial sector is sizzling with deals - and scandal - from the very top down. At the top, former deputy governor of Indonesia's central bank - Miranda Goeltom - is the star witness in corruption court proceedings that have already seen a number of politicians despatched to jail for receiving bribes to vote her into the job. Ms Goeltom has not been charged and denies knowledge of the deals but the saga has dented the image of Bank Indonesia which after all is the major regulatory authority for Indonesia's commercial banks.Banks like Citibank.That's where - until recently - you'd have found snappy dresser and cosmetic surgery enthusiast Malinda Dee. She was a Citibank star who provided direct services to a list of super-rich clients. She barged into Indonesia's social scene, clad in expensive gowns, amassed a suite of expensive properties and a garage filled with prestige cars.Malinda Dee is now in jail awaiting trial on charges she skimmed millions from her customers."I was asking a friend of mine, 'who is that girl with big boobs?' because I feel uneasy to see a person that's that so striking in a negative sense." - Miranda Goeltom, former Deputy Governor Indonesia Bank.Indonesia Correspondent Matt Brown examines these two cases which highlight concerns about endemic corruption within the banking sector. Practices that took root and grew during the reign of President Soeharto and continue to flourish long after he's gone."Whether it's a dark alley of debt collectors or the Ferraris and Porsches of Malinda, it just shows how acceptable it is in this country to make money by any means. By somewhat questionable methods." - Dimas, Editor, Jakarta Post.And with consumer credit booming in Indonesia there's also concern about heavy handed tactics being used on customers who fall behind in their payments. Foreign Correspondent investigates the case of one credit card customer - Irzen Octa - who was called into a Citibank branch to discuss his debt and wound up dead on the floor |
| Event |
Broadcast 2011-06-14 at 20:00:00 |
| Notes |
Classification: NC |
| Subject |
Commercial crimes -- Economic aspects.
|
|
Commercial crimes -- Investigation.
|
|
Political corruption -- Economic aspects.
|
|
Scandals -- Political aspects.
|
|
Indonesia.
|
| Form |
Streaming video
|
| Author |
Brown, Matt, reporter
|
|
Frankie, Andre, contributor
|
|
Goeltom, Miranda, contributor
|
|
Husein, Yunus, contributor
|
|
