Proceedings of the 2nd International Conference on Law, Economic, Governance, ICOLEG 2021, 29-30 June 2021, Semarang, Indonesia

Research Article

Progressive Law as an Alternative Solution to Eradicate Money Laundering from Drug-Related Transactions

Download56 downloads
  • @INPROCEEDINGS{10.4108/eai.29-6-2021.2312622,
        author={Juna Karo Karo and Bismar  Nasution and Sunarmi  Sunarmi and Mahmud  Mulyadi},
        title={Progressive Law as an Alternative Solution to Eradicate Money Laundering from Drug-Related Transactions},
        proceedings={Proceedings of the 2nd International Conference on Law, Economic, Governance, ICOLEG 2021, 29-30 June 2021, Semarang, Indonesia},
        publisher={EAI},
        proceedings_a={ICOLEG},
        year={2021},
        month={10},
        keywords={progressive law money laundering drugs},
        doi={10.4108/eai.29-6-2021.2312622}
    }
    
  • Juna Karo Karo
    Bismar Nasution
    Sunarmi Sunarmi
    Mahmud Mulyadi
    Year: 2021
    Progressive Law as an Alternative Solution to Eradicate Money Laundering from Drug-Related Transactions
    ICOLEG
    EAI
    DOI: 10.4108/eai.29-6-2021.2312622
Juna Karo Karo1,*, Bismar Nasution1, Sunarmi Sunarmi1, Mahmud Mulyadi1
  • 1: Universitas Sumatera Utara
*Contact email: junajunakaban@ymail.com

Abstract

Cases of drug-related criminal offenses are often accompanied by money laundering, but in practice eradication of money laundering from drug-related criminal offenses often encounters problems due to the existing regulations. Thus, a progressive law is required, to allow investigation on the money laundering crimes when there are “assets that are known or reasonably suspected to be proceeds of criminal offences”. In addition, coordination between the Police and Indonesian Financial Transaction Reports and Analysis Centre (INTRAC) can be realized through an integrated function to support the law enforcement institutions to eradicate money laundering.