ECONOMIC ANALYSIS OF LAW IN THE RECOVERY OF ASSETS PROCEEDING TO THE CRIME OF CORRUPTION TOWARDS THE VALUE OF STATE FINANCIAL LOSSES
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Abstract
The recovery of state financial losses based on the economic analysis of law is based on the concept that the state does not experience an increase in the amount of state financial losses due to the time value of money and opportunity lost to achieve public welfare due to sacrifice costs lost as a result of acts of corruption. Confiscated assets are assets that are related or related to a crime. Mechanisms for confiscating assets that have added value beyond the value of state losses incurred in acts of corruption that have been determined by the auditor where confiscation of assets that have added value outside of the value of state financial losses incurred in acts of corruption can be confiscated based on an economic analysis approach. law with the method of calculating the time value of money where the future value is the value of the loss at the beginning of the criminal act committed plus the number of years of the new criminal act being revealed multiplied by the banking compound interest.
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