Deputy Minister of Law and Human Rights (Wamenkumham) Edward Omar Sharif Hiariej said the Asset Confiscation Bill (RUU) regulates the confiscation of assets belonging to criminals who are abroad.
"This law is trying to regulate various obstacles (tracing assets abroad)," said Edward in a public discussion "Accelerated Legal Reform with the preparation of the Asset Confiscation Law" reported by ANTARA, Wednesday, May 10.
He explained that assets located abroad were one of the obstacles in confiscation of assets in a criminal case.
Often, he said, the confiscation of assets located abroad was hit by reciprocal principles, differences in law, to various international agreements between countries.
Therefore, with the Asset Confiscation Bill, various obstacles related to the confiscation of assets abroad can be resolved.
"The trade in assets that are in the country is much easier when compared to assets that exist abroad," said Edward.
In addition to regulating the confiscation of assets abroad, the Asset Confiscation Bill also regulates asset tracing, blocking, confiscation, confiscation, and asset management.
"The new ones, we make procedural laws from confiscation of assets, ranging from tracing assets, blocking, confiscation, confiscation, to asset management. This is what we then arrange," he explained.
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The Deputy Minister of Law and Human Rights emphasized the government's commitment to immediately finalize the Asset Confiscation Bill, which the Government has submitted to the DPR.
"President (Jokowi) repeatedly in his speech, since two years ago, asked for this bill to be immediately discussed and ratified. This means that there is no doubt for us together from the content of the government's political will," he said.
Previously, the Secretary General (Sekjen) of the DPR, Indra Iskandar, said that the President's letter regarding the Criminal Asset Confiscation Bill had been received by the DPR on Thursday (4/5).
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