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Indonesian Finance Minister Sri Mulyani Resigns

Updated On: May 06, 2010
Indonesia's Finance Minister Sri Mulyani Indrawati has resigned from her post to join the World Bank as a Managing Director in June.
 
This move is a huge setback to Indonesia's anti-corruption efforts, and sent share prices into a sharp drop following the announcement. 
 
President Susilo Bambang Yudhoyono said of her resignation: "We are going to lose one of our best ministers." 
 
Her resignation follows months of intense pressure from political enemies to quit, especially because of her alleged ties with the Bank Century graft case.
 
Analysts are saying that her announcement sent a shock through the market, and "investors have yet to see anyone credible to replace Sri Mulyani so they feel anxious."
 
The SIIA recognised Dr. Sri Mulyani one of ten leaders of Rising Asia in 2008.
 
Source:
Sri Mulyani quits, joins WB [Straits Times 6 May 2010]
Indon Finance Minister quits [TODAY, 6 May 2010]






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