IDEAS home Printed from https://ideas.repec.org/a/rbs/ijbrss/v10y2021i8p298-303.html
   My bibliography  Save this article

Legal implications of the criminal policy of returning state financial losses by corporations in corruption criminal acts to restore state financial losses

Author

Listed:
  • Idris Wasahua

    (Faculty of Law, Brawijaya University)

  • Istislam Istislam

    (Faculty of Law, Brawijaya University)

  • Abdul Madjid

    (Faculty of Law, Brawijaya University)

  • Setyo Widagdo

    (Faculty of Law, Brawijaya University)

Abstract

The criminal policy of returning state financial losses to corporations as perpetrators of corruption in state financial losses is regulated as additional criminal sanctions in the form of confiscation of goods and payment of replacement money in Article 18 paragraph (1) letter a and letter b of Law Number 31 of 1999 as amended by Law Number 20 of 2001 concerning the Eradication of Corruption Crimes. The purpose of this study is to find out how the legal implications of the criminal policy of returning state financial losses by corporations as perpetrators of criminal acts of corruption are. This research includes normative legal research with several approaches, namely; Historical approach, statutory approach, case approach, and conceptual approach. The results of this study show that the existing criminal policy for recovering state financial losses still has various legal implications which result in non-optimal efforts to recover state financial losses due to corruption in state financial losses committed by corporations. Key Words:Criminal Policy, State Financial Losses, Corruption, Corporation

Suggested Citation

  • Idris Wasahua & Istislam Istislam & Abdul Madjid & Setyo Widagdo, 2021. "Legal implications of the criminal policy of returning state financial losses by corporations in corruption criminal acts to restore state financial losses," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(8), pages 298-303, December.
    • Handle: RePEc:rbs:ijbrss:v:10:y:2021:i:8:p:298-303
    DOI: 10.20525/ijrbs.v10i8.1464
    as

    Download full text from publisher

    File URL: https://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/1464/1110
    Download Restriction: no
    File URL: https://doi.org/10.20525/ijrbs.v10i8.1464
    Download Restriction: no
    File URL: https://libkey.io/10.20525/ijrbs.v10i8.1464?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijbrss:v:10:y:2021:i:8:p:298-303. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Umit Hacioglu (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.