Seizure of Corruption Proceeds Through Non-Conviction-Based Asset Forfeiture as a Means of Recovering State Losses From Corruption Crimes

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.

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Publication Details

Journal
Path of Science
Published
2024-10-31
DOI
https://doi.org/10.22178/pos.109-21
Citations
1
Primary Topic
Corruption and Economic Development
Type
article
Field-Weighted Citation Impact
1.13
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article

Seizure of Corruption Proceeds Through Non-Conviction-Based Asset Forfeiture as a Means of Recovering State Losses From Corruption Crimes

Setiawan Noerdajasakti, Yuliati Yuliati, Maudyna Setyo Wardhani
1 citations
Path of Science
Corruption and Economic Development
1.13
article

Seizure of Corruption Proceeds Through Non-Conviction-Based Asset Forfeiture as a Means of Recovering State Losses From Corruption Crimes

Setiawan Noerdajasakti, Yuliati Yuliati, Maudyna Setyo Wardhani
article en
1 citations

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 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.

Path of ScienceVol. 10(10)
University of Brawijaya (ID)
Peace, Justice and strong institutions
Openalex Percentile: Top 15%
Corruption and Economic Development
1.13
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