Seizure of Corruption Proceeds Through Non-Conviction-Based Asset Forfeiture as a Means of Recovering State Losses From Corruption Crimes
Year: 2024
Type: 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 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.
Source: Path of Science
DOI: 10.22178/pos.109-21
Institution: University of Brawijaya
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $20
OpenAlex ID: W4404941437
