Jakarta – Representatives of the University of Indonesia's student executive body (BEM UI) rallied at a train station near their campus in Depok, West Java, to protest the alleged mismanagement of the university's finances.

The Supreme Audit Agency (BPK) released a financial audit of the university in January that alleged that the university lost Rp 41 billion (US$451,417) in state money.

"It's a matter of transparency, of explaining where our tuition money goes," BEM UI head Faldo Maldini said on Monday as quoted by kompas.com.

As part of the protest, students erected a sign at the train station reading: "There's a much bigger problem at UI right now than these signs".

Some BEM UI members remained at the scene to protect the sign, fearing that campus officials might take it down.

"This action is being taken to remind the UI community about corruption cases and governance issues at the university that remain unresolved," Faldo said.