Indonesian Political, Business & Finance News

Yusril emphasises asset recovery in handling cybercrime

| Source: ANTARA_ID Translated from Indonesian | Legal
Yusril emphasises asset recovery in handling cybercrime
Image: ANTARA_ID

Jakarta (ANTARA) - Coordinating Minister for Law, Human Rights, Immigration, and Corrections Yusril Ihza Mahendra has emphasised that asset recovery from crimes must be the primary focus in addressing the growing cybercrime in Indonesia.

In a statement followed online in Jakarta on Monday, he said that law enforcement approaches are no longer sufficient if they are merely oriented towards punishing perpetrators, but must also be able to disrupt criminal financial flows and return losses to the state and the public.

“Success is not measured by the number of cases processed, but by how far we are able to recover state assets, disrupt criminal financial flows, and maintain the integrity of the national financial system,” he stated.

He explained that the cross-border, anonymous, and high-speed nature of cybercrime poses the main challenge for law enforcement officials. In many cases, the state can identify assets from crimes, but struggles to bring perpetrators to trial.

Based on data from the Financial Transaction Reports and Analysis Centre (PPATK), from June 2024 to the first quarter of 2026, at least 21 financial sector crime cases involving banking, payment service providers, and securities companies were recorded, with losses amounting to approximately Rp1.52 trillion.

In addition, PPATK has identified several high-risk cybercrimes, such as online fraud, online gambling, illegal access abuse, and other digital crimes related to money laundering and terrorism financing offences.

However, he stressed that the application of such instruments must remain within the framework of the rule of law and guarantee human rights protection.

“These instruments must still uphold due process of law as guaranteed by the constitution,” he said.

He added that strengthening the anti-money laundering regime and preventing terrorism financing has an international foundation through the United Nations Convention Against Corruption, which Indonesia has ratified via Law No. 7 of 2006.

“Digital economic development must go hand in hand with strengthening the financial system and legal certainty within a quality policy framework,” he stated.

He also emphasised that strengthening cross-sector coordination is key to success, particularly in bolstering the anti-money laundering regime and preventing terrorism financing.

“This is not just ceremonial, but a momentum to unite national steps, strengthen political commitment, and drive collaboration,” he said.

These steps are expected not only to enhance the effectiveness of law enforcement but also to strengthen the integrity of the national financial system and support long-term development targets towards Golden Indonesia 2045.

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