Turbulent Global Economic Conditions, Chuck: It's Time For President Prabowo To Implement Asset Recovery Regime

JAKARTA - The condition of the global economy is still colored by uncertainty with the rate of growth not yet optimal which is influenced by the weak economy in several countries. Based on the projections of the IMF and WTO, the world economy experienced slow and relatively stagnant growth in the range of 3 percent in 2024 and 2025.

For this reason, Indonesia needs to accelerate its economy and financial markets, along with the escalation of geopolitical turmoil in the Middle East region. This is because external risk factors and their potential impact on the economy and the domestic financial sector. Moreover, Indonesia is connected to other countries in the world, so that this problem can have an impact on the Indonesian economy as well.

Seeing this condition, Chuck Suryosumpeno, an Asset Recovery Expert suggested that the Indonesian Government through President Prabowo Subianto it is time to carry out a 'Asset Recovery Commission'.

The implementation of this regime actually makes law enforcement in Indonesia even more perfect, this is what is called a total law enforcement. And I think President Prabowo Subianto can apply it," said Chuck in Jakarta, Monday, October 21.

According to him, Indonesia actually already has a device to implement the asset recovery regime, especially assets resulting from criminal acts.

"The Prosecutor's Office already has an Asset Recovery Agency and only has to optimize its performance which can be improved," he said.

Chuck added that the Asset Recovery regime can also be carried out in every line other than criminal acts, such as taxes and other general sectors related to the community.

"What needs to be a common concern is, the main requirement for the success of the Asset Recovery Regime is the running of merit systems in institutions and the mindset that punishment is not always synonymous with deterrence," he said.

Even though in the world of Indonesian law enforcement, the asset recovery regime is only known. However, the facts presented show that this regime is very much needed.

"Apart from upholding the law and justice, this regime has made a big contribution to the state through Non-Tax State Revenue (PNBP)," he said.

The Asset Recovery regime, said Chuck, demands law enforcement to implement the principles of good governance in the field of asset recovery.

According to him, law enforcement in the era of the Asset Recovery Regime has more value than the era of imprisonment.

"State losses due to crimes can certainly be returned in real terms, then the state is deposited as PNBP (Non-Tax State Revenue)," he said.

Then, he said, the state as legal sovereignty could receive other benefits in the form of asset sharing for asset recovery from other countries.

"In addition, the creation of transparency and accountability which leads to an increase in the credibility of the use of the state budget and minimizes the occurrence of corrupt behavior," he concluded.