The Relationship between Money Laundering Law and Criminal Act of Corruption

Budi Bahreisy, Ediwarman, Bismar Nasution

2018

Abstract

Lately, corruption has become hot topic, both in printed media, electronic and in seminars, workshops, discussions, and so on. The assets acquired from corruption crimes are usually not directly applicable due to fear or indication of money laundering activities. For that usually the perpetrators attempt to hide the origin of these assets by putting them into the banking system (financial system). The issues raised in this research are the relationship between corruption crime and money laundering and how the implementation of money laundering law influences the state losses from corruption in Supreme Court decision. 1605K / Pid.Sus / 2014. The results show that Corruption Crime with Money Laundering Act has a very close relationship. This can be clearly seen in Article 2 paragraph (1) of Law no. 8 of 2010. Money laundering law in eradicating corruption in Supreme Court Decision No: 1605 K / Pid.Sus / 2014 District Court judges is applied in Law no. 8 year 2010 to the corruption case, namely by imposing a sentence of 5 years in prison, a fine, paying a replacement money, and seizing assets owned by the defendant from the proceeds of a crime.

Paper Citation

in Harvard Style

Bahreisy B., Ediwarman. and Nasution B. (2018). The Relationship between Money Laundering Law and Criminal Act of Corruption.In Proceedings of the 7th International Conference on Multidisciplinary Research - Volume 1: ICMR, ISBN 978-989-758-437-4, pages 304-309. DOI: 10.5220/0008884303040309

in Bibtex Style

@conference{icmr18,
author={Budi Bahreisy and Ediwarman and Bismar Nasution},
title={The Relationship between Money Laundering Law and Criminal Act of Corruption},
booktitle={Proceedings of the 7th International Conference on Multidisciplinary Research - Volume 1: ICMR,},
year={2018},
pages={304-309},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008884303040309},
isbn={978-989-758-437-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 7th International Conference on Multidisciplinary Research - Volume 1: ICMR,
TI - The Relationship between Money Laundering Law and Criminal Act of Corruption
SN - 978-989-758-437-4
AU - Bahreisy B.
AU - Ediwarman.
AU - Nasution B.
PY - 2018
SP - 304
EP - 309
DO - 10.5220/0008884303040309