Habitus of Money Laundering Practices in Indonesia: Triangle Symbiotic Mutualism of Politicians-Professionals-Entrepreneur

Fauziah Lubis

2019

Abstract

Money laundering is an umbrella term that deals with three different people simultaneously, namely politicians, professionals, and entrepreneurs. The three people are closely intertwined in their practice of money laundering. An act of money laundering is part of strategies by politicians who want to secure their financial assets which are stolen from state properties to avoid detection by existing legal instruments. In reality, law enforcement is weak in preventing and punishing the crime. This is due to the effect of symbiotic triangle mutualism among politicians, professionals, and entrepreneurs. This study focuses on how money laundering practice has become a new habit in Indonesian bureaucratic administration. Based on the focus on the three aspects mentioned above and on the qualitative data analysis, the results of the study were: 1) To find the questionable financial transaction. 2) To analyze the development of money laundering practice in Indonesia. 3) To provide data in the form of the spectrum of money laundering practice among politicians, professionals, and entrepreneurs.

Paper Citation

in Harvard Style

Lubis F. (2019). Habitus of Money Laundering Practices in Indonesia: Triangle Symbiotic Mutualism of Politicians-Professionals-Entrepreneur.In Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI, ISBN 978-989-758-461-9, pages 5-10. DOI: 10.5220/0009399000050010

in Bibtex Style

@conference{icoaci19,
author={Fauziah Lubis},
title={Habitus of Money Laundering Practices in Indonesia: Triangle Symbiotic Mutualism of Politicians-Professionals-Entrepreneur},
booktitle={Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,},
year={2019},
pages={5-10},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009399000050010},
isbn={978-989-758-461-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,
TI - Habitus of Money Laundering Practices in Indonesia: Triangle Symbiotic Mutualism of Politicians-Professionals-Entrepreneur
SN - 978-989-758-461-9
AU - Lubis F.
PY - 2019
SP - 5
EP - 10
DO - 10.5220/0009399000050010