Comparison of Asset Confiscation Arrangements for Corruption Crimes Between Indonesia and the United States Which Have Implemented Non-Conviction Based Asset Forfeiture

Authors

  • Daud tarigan Universitas Pembangunan Panca Budi
  • Ismaidar Universitas Pembangunan Panca Budi

Keywords:

Asset Confiscation, Corruption, Non-Conviction Based Asset Forfeiture, Indonesia, United States

Abstract

This research compares the regulation of asset confiscation for criminal acts of corruption between Indonesia and the United States, with a focus on the implementation of the Non-Conviction Based Asset Forfeiture (NCB Asset Forfeiture ). The research method used is normative law with a comparative approach. Using primary and secondary legal materials, this research analyzes the legal framework for asset confiscation in both countries to evaluate its effectiveness. It was found that although Indonesia has statutory regulations regarding asset confiscation, its implementation is still less effective and there are deficiencies in the authority to manage and confiscate assets resulting from corruption. Meanwhile, the United States has implemented the NCB Asset Forfeiture , which allows for the confiscation of assets without criminal penalties, as part of efforts to recover assets lost due to corruption. The research results show significant differences between the two countries in their approach to confiscating assets for criminal acts of corruption. Indonesia needs to strengthen regulations and increase international cooperation for the effectiveness of asset confiscation. Meanwhile, the United States has taken a step forward by implementing the NCB Asset Forfeiture , which provides flexibility in handling assets resulting from corruption. This research highlights the need for improvements in the regulation of asset confiscation for criminal acts of corruption in Indonesia and appreciates the United States' steps in implementing the NCB Asset Forfeiture .

 

References

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Published

2024-07-30

How to Cite

tarigan, D., & Ismaidar. (2024). Comparison of Asset Confiscation Arrangements for Corruption Crimes Between Indonesia and the United States Which Have Implemented Non-Conviction Based Asset Forfeiture. Law Sinergy Conference Proceeding, 1(1), 118–125. Retrieved from https://conference.sinergilp.com/index.php/lsc/article/view/17

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