JAKARTA, Sept 16 Singapore has given assurances
that Indonesians declaring assets in the city-state as part of
Jakarta's tax amnesty will not have their participation itself
considered a suspicious act, Indonesia's finance minister said.
Sri Mulyani Indrawati said on Friday she got the assurance
from Deputy Prime Minister Tharman Shanmugaratnam, who she
called after Reuters reported on Thursday that private banks in
Singapore are sharing with a local police unit dealing with
financial crime the names of clients joining the amnesty.
"Under tax amnesty rules, an Indonesian who owns an account
in Singapore and wants to join the amnesty should not be
considered as suspicious. There is a law here for that, it is
not an illegal act," Indrawati told reporters.
"There is no reason to be afraid. Joining the tax amnesty is
a good action, it is legal and protected by law," she added.
(Reporting by Hidayat Setiaji; Writing by Gayatri Suroyo;
Editing by Richard Borsuk)