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No probe fallout for joining tax amnesty: Indonesia finance minister

Published Fri, Sep 16, 2016 · 09:50 PM

Jakarta

SINGAPORE has given assurances that Indonesians declaring assets in the city-state as part of Jakarta's tax amnesty will not have their participation itself considered a suspicious act, Indonesia's finance minister said.

Sri Mulyani Indrawati told reporters on Friday she got the assurance from Singapore Deputy Prime Minister Tharman Shanmugaratnam, whom she called after Reuters reported on Thursday that private banks in Singapore are sharing with a local police unit dealing with financial crime the names of clients joining the amnesty.

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