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https://doi.org/10.22178/pos.109-21
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Seizure of Corruption Proceeds Through Non-Conviction-Based Asset Forfeiture as a Means of Recovering State Losses From Corruption Crimes
[journal article]
Abstract Corruption in Indonesia drains state finances, stifles national development, and harms public welfare. The Non-Conviction Asset Forfeiture (NCB AF) mechanism has been seen as a strategic way to recover lost state funds without waiting for criminal cases to conclude, providing a means to tackle this ... view more
Corruption in Indonesia drains state finances, stifles national development, and harms public welfare. The Non-Conviction Asset Forfeiture (NCB AF) mechanism has been seen as a strategic way to recover lost state funds without waiting for criminal cases to conclude, providing a means to tackle this issue effectively. This study explores how NCB AF works and its importance in speeding up the recovery of state losses. The research uses a normative juridical approach focusing on legislation and concepts and finds that NCB AF effectively reduces state losses and improves asset recovery. However, strict regulations must support this mechanism to protect legal rights and prevent misuse of power. The study highlights the need for more precise rules to ensure NCB AF's success in Indonesia.... view less
Keywords
corruption; Indonesia
Classification
Law
Free Keywords
Non-Conviction Based Asset Forfeiture; Corruption; Recovery of State Losses
Document language
English
Publication Year
2024
Page/Pages
p. 7001-7007
Journal
Path of Science, 10 (2024) 10
ISSN
2413-9009
Status
Published Version; peer reviewed