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Indonesia penalised for failing to drawdown JICA loan
31 January 2012
Failure to drawdown a loan from Japan’s state lender has led to allegations of corruption at the University of Indonesia.
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Japan International Cooperation Agency
Japan Bank of International Cooperation
JBIC
University of Indonesia
commitment charge
ODA loan
corruption
audit
The government of Indonesia has been forced to pay a JPY38.5 million ($501,500) commitment charge on an Official Development Assistance (ODA) loan from Japan International Cooperation Agency (JICA) in support of the University of Indonesia.
The budgeting error was uncovered during a...
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