The London - based Standard Chartered Bank is being probed by the US Justice Department over bribery allegedly committed by reliance Group Pte . Ltd. , a power firm the bank controls . An internal audit at the Indonesian office found that there were over $ 750,000 in outstanding financial advances in 2014 to early 2015 which may have been used as leverage . Lawyers reviewing the audit said that there were strong indications the money flows for government contracts awarded by Indonesian government officials and others from 2012 to 2015 . The US is investigating if anti - corruption rules were broken by the bribes .
The London-based Standard Chartered Bank is being probed by the US Justice Department over bribery allegedly committed by Maxpower Group Pte. Ltd., a power company the bank controls. An internal audit at the Indonesian company found that there were over $750,000 in outstanding cash advances in 2014 to early 2015 which may have been used as bribes. Lawyers reviewing the audit said that there were strong indications the money paid for power contracts awarded by Indonesian government officials and others from 2012 to 2015. The US is investigating if anti-corruption rules were broken by the bribes.