Tigor Siahaan, chief country officer for Citi in Indonesia, got a taste of the country’s new direction when he met Jakarta’s deputy governor in February.
When he and Basuki Tjahaja Purnama spoke in his office, Siahaan noticed they were being watched not by handlers or bureaucrats but by a video camera.
“He records everything. Everything goes on YouTube so the people can see. Every meeting is transparent,” Siahaan told FinanceAsia.
Siahaan’s anecdote reflects a heightened desire to stamp out corruption in a country foreign investors perceive as beset by graft and governed by inconsistent regulations.
The issue confronted...
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