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Tuesday, August 02, 2005

Indonesian president satisfied with money laundering lobby

President Susilo Bambang  Yudhoyono has expressed satisfaction with the results of  lobbying
launched by the government seeking to lift the country  from the blacklist of the Financial Action
Task Force (FATF) on  Money Laundering.

In mid January Susilo sent a number of ministers carrying  his letters to leaders of a number of
countries including  Japan, Brazil, France, Britain, the United States, Australia  and New Zealand
seeking to persuade the countries to vote in  favor of Indonesia when the FATF meets later this
month.

Presidential spokesman Dino Patti Djalal said the reports  from the ministers are quite encouraging,
adding Indonesia is  expected to be lifted from the blacklist.

Minister at the State Secretariat Yusril Ihza Mahendra said  the government will not only be seeking
technical improvement  such as in the implementation of money the laundering law but  it would also
use diplomacy by approaching countries considered  to greatly influence the decisions of the FATF.

Indonesia and number of other countries have been  blacklisted as non cooperative by the FATF on
money  laundering.

Indonesia denied the allegation describing it unfair.

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