Indonesia to supervise financial transaction of drug trade
Source: Xinhua   2016-08-15 21:02:41

JAKARTA, Aug. 15 (Xinhua) -- Indonesia is to monitor the transaction suspected as parts of drug business in a bid to stop the expansion of the trade in the country, a government official said here Monday.

The national narcotic agency, or BNN, and the central bank, Bank Indonesia, decided to join hand in monitoring every financial transaction suspected as parts of the illegal business, and will take action against it, said Budi Waseso, head of the BNN.

"In this case, the role of Bank Indonesia is important because many financial transactions on drug business is undertaken through the banking system," he said at the lender's headquarters after singing the deal on the cooperation.

The Governor of the Central Bank Agus Martowardojo disclosed that the banks will trace financial transactions suspected to be carried out by drug dealers.

"At the digital era or online era now, financial transaction is undertaken on online system. And such transaction will be supervised by the Bank Indonesia," Martowardojo said after the singing.

President Joko Widodo has declared a war against drug abuse as the country has been in emergency condition in recent years.

At the end of last month, two drug convicts from Nigeria, one convict from Senegal and another from Indonesia were executed at Nukakambangan prison in Central Java after the country executed 14 others drug offenders last year.

A total 10 others drug convicts including foreigners are still on row to face firing squad.

Drug abuse has left about 50 people dead every day in Indonesia, according to Widodo.

Editor: chenwen
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Indonesia to supervise financial transaction of drug trade

Source: Xinhua 2016-08-15 21:02:41
[Editor: huaxia]

JAKARTA, Aug. 15 (Xinhua) -- Indonesia is to monitor the transaction suspected as parts of drug business in a bid to stop the expansion of the trade in the country, a government official said here Monday.

The national narcotic agency, or BNN, and the central bank, Bank Indonesia, decided to join hand in monitoring every financial transaction suspected as parts of the illegal business, and will take action against it, said Budi Waseso, head of the BNN.

"In this case, the role of Bank Indonesia is important because many financial transactions on drug business is undertaken through the banking system," he said at the lender's headquarters after singing the deal on the cooperation.

The Governor of the Central Bank Agus Martowardojo disclosed that the banks will trace financial transactions suspected to be carried out by drug dealers.

"At the digital era or online era now, financial transaction is undertaken on online system. And such transaction will be supervised by the Bank Indonesia," Martowardojo said after the singing.

President Joko Widodo has declared a war against drug abuse as the country has been in emergency condition in recent years.

At the end of last month, two drug convicts from Nigeria, one convict from Senegal and another from Indonesia were executed at Nukakambangan prison in Central Java after the country executed 14 others drug offenders last year.

A total 10 others drug convicts including foreigners are still on row to face firing squad.

Drug abuse has left about 50 people dead every day in Indonesia, according to Widodo.

[Editor: huaxia]
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