Confiscation of Assets Resulted from Money Laundering to Return State’s Loss

Abstract

One of the forms of money laundering is when a government official gets money or asset illegally then reinvest them to make them considered-legitimate money or asset. Money laundering crimes in Indonesia are increasingly diverse. The Indonesian government’s efforts to confiscate assets resulted from criminal acts are often considered ineffective. Therefore, it is important to examine the effectiveness of the Indonesian Law on Money Laundering in the implementation of Asset Confiscation. This study used normative juridical legal research method. It was carried out through the examination on library materials or secondary materials. The study also used legal and conceptual approaches. The results of the study indicate the importance of a law that covers confiscation of assets to run the confiscation of assets run effectively.