Global News Journal

Ordinary Indonesians mourn loss of Finance Minister Indrawati

May 10, 2010

By Sunanda CreaghSri Mulyani Indrawati

The decision by Indonesia’s reformist Finance Minister Sri Mulyani Indrawati to move to the World Bank must have thrilled those politicians who lobbied hard to dethrone her and derail her anti-corruption drive. But if letters to the editor in the local media are any guide, Indonesia’s ‘wong cilik’ or the little people, as the man on the street is called here — are in mourning.
“It was a black Wednesday in the history of our nation,” read one reader’s letter to the Jakarta Post.
“One of the most honest and qualified people and someone who is known as the hope, finally succumbed to political pressure by the political elite that prefer to remain.”
Many letter-writers have begged her to return in 2014 to run for president, while others have expressed fears that, without her, Indonesia will return to the bad old days of cronyism.
“We didn’t want to see you driven out. Take pity on the people of Indonesia!” one reader, Daslam Al Maliki, wrote on the Indonesian-language news website Tempo Interaktif.
Indrawati, as well as being a widely respected economist, is a notoriously tough cookie who stood up to powerful businessmen and politicians who wanted the rules bent in their favour.
In retaliation, she was made the target of an inquiry into the 2008 decision to bail out the ailing Bank Century.

The view from Iqaluit: mostly white

February 5, 2010

iqaluitjpgWhen we told Reuters editors we’d be adding plenty of color to the stories we’re putting together from a G7 finance meeting in the Canadian Arctic this weekend, there was a split second of bemused silence on the line. “I suppose that color is mostly white,” said one wag. And that just about sums up Iqaluit, which is clearly the remotest and most inaccessible place where the Group of Seven finance ministers and central bankers have ever met.

Back to the future in Malaysia with Anwar sodomy trial II

July 1, 2009

By Barani Krishnan

A decade ago, Malaysia’s former deputy prime minister Anwar Ibrahim was on trial for sodomy and corruption in a trial that exposed the seamy side of Malaysian justice and the anxieties of a young country grappling with a crushing financial crisis and civil unrest.

from Africa News blog:

Kenya’s new finance minister: Positioning for next election?

January 23, 2009

President Mwai Kibaki's naming of a key ally, Uhuru Kenyatta, as his new finance minister to replace another supporter, Amos Kimunya, does not come as a surprise to some.
Kimunya, who stepped down last July after he was accused of corruption in the handling of the sale of a luxury hotel, has also returned to parliament -- replacing Kenyatta as trade minister.
Kimunya was not reinstated even after he was cleared by an official enquiry into the controversial sale of the luxury Grand Regency Hotel in the capital.