Prabowo Agrees to Redefine Corruption to Align with International Standards
President Prabowo has agreed to a proposed redefinition of corruption by the National Economic Council (DEN). The aim is to align with international standards, particularly by making the interpretation of "state loss" more flexible in business decisions by State-Owned Enterprises (BUMN) to boost investment. The UN Convention Against Corruption (UNCAC) focuses on bribery, with less direct linkage to state loss.
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