Optimalization Of International Cooperation in Asset Forfeiture Under Indonesia Anti-Corruption Law Draft

Corruption has been a serious matter for the Indonesian government, endangering economic stability, eroding public trust, and undermining societal well-being. Recognized as a complex and transnational crime, corruption demands strong legal and institutional action. This paper examines the potential for improving international collaboration within Indonesia’s Draft Asset Forfeiture Law as a means of addressing economic crimes. Although Indonesia ratified the United Nations Convention Against Corruption (UNCAC) through Law No. 7 of 2006, the enforcement of asset recovery measures and cross-border cooperation remains inadequate. Key shortcomings in the draft law include a lack of comprehensive guidelines for international collaboration and insufficient mechanisms for seizing assets prior to legal judgments. By utilizing global frameworks such as UNCAC and the ASEAN Mutual Legal Assistance Treaty (AMLAT), these gaps can be addressed. This study recommends revising the draft law to establish clearer international procedures, streamline asset recovery efforts, and bolster Indonesia’s capacity to combat corruption and financial crime effectively.

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Publication Details

Journal
Journal of Law and Policy Transformation
Published
2024-12-30
DOI
https://doi.org/10.37253/jlpt.v9i2.10191
Primary Topic
Legal and Policy Analysis in Indonesia
Type
article
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article

Optimalization Of International Cooperation in Asset Forfeiture Under Indonesia Anti-Corruption Law Draft

Ananda Chrisna D. Panjaitan, Frederica Celia Suwono, Robin Antonius Sanjaya, Amadeus Farrel Ksatria
Journal of Law and Policy Transformation
Legal and Policy Analysis in Indonesia
article

Optimalization Of International Cooperation in Asset Forfeiture Under Indonesia Anti-Corruption Law Draft

Ananda Chrisna D. Panjaitan, Frederica Celia Suwono, Robin Antonius Sanjaya, Amadeus Farrel Ksatria
article en

Abstract

Corruption has been a serious matter for the Indonesian government, endangering economic stability, eroding public trust, and undermining societal well-being. Recognized as a complex and transnational crime, corruption demands strong legal and institutional action. This paper examines the potential for improving international collaboration within Indonesia’s Draft Asset Forfeiture Law as a means of addressing economic crimes. Although Indonesia ratified the United Nations Convention Against Corruption (UNCAC) through Law No. 7 of 2006, the enforcement of asset recovery measures and cross-border cooperation remains inadequate. Key shortcomings in the draft law include a lack of comprehensive guidelines for international collaboration and insufficient mechanisms for seizing assets prior to legal judgments. By utilizing global frameworks such as UNCAC and the ASEAN Mutual Legal Assistance Treaty (AMLAT), these gaps can be addressed. This study recommends revising the draft law to establish clearer international procedures, streamline asset recovery efforts, and bolster Indonesia’s capacity to combat corruption and financial crime effectively.

Journal of Law and Policy TransformationVol. 9(2)
Openalex Percentile: Top 44%
Legal and Policy Analysis in Indonesia
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Optimalization Of International Cooperation in Asset Forfeiture Under Indonesia Anti-Corruption Law Draft — Ananda Chrisna D. Panjaitan, Frederica Celia Suwono, et al. · Journal of Law and Policy Transformation (2024) | TGRS Research Map | TGRS