145 unlicensed money changers identified in Denpasar, Badung, and Gianyar

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Police in Bali are persevering with their campaign towards dishonest cash changers after an Australian couple bought duped in Kuta a few weeks in the past, this time figuring out 145 forex alternate services working unlicensed in a number of components of the island. 

Bali Police Normal Crimes Unit Deputy Chief Suratno stated his division just lately inspected 155 cash changers in Denpasar, Badung, and Gianyar and located that solely 10 of them had the right permits.

Nevertheless, Suratno stated that they don’t have the authority to close down the cash changers.

“We would not have the authority to close down [unlicensed money changers] as a result of the rules are within the palms of Financial institution Indonesia. We additionally face hurdles as a result of no official complaints have been filed by the victims who’re largely international vacationers,” Suratno stated, including that the police weren’t capable of examine the cash changer that scammed the Australian couple because the victims didn’t file a police report. 

As beforehand reported, the cash changer was blacklisted from working in Legian, Kuta by native village authorities who see the presence of dishonest cash changers as detrimental to tourism within the space. Legally, nonetheless, solely the central financial institution has the authority to formally shut them down. 

Individually, the top of the Bali workplace of Financial institution Indonesia, Trisno Nugroho, stated that as of June this 12 months, the central financial institution has on report 103 non-bank international forex alternate companies which can be licensed in Bali, with a complete of 388 department places of work. Badung Regency has probably the most department places of work with 347.

In the meantime, Bali Vice Governor Tjokorda Oka Artha Ardhana Sukawati stated individually that he plans to type a process drive involving varied establishments to sort out dishonest cash changers, saying that their existence is dangerous to the island’s tourism picture. 

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