OPTIMIZING THE UTILIZATION OF INTRAC’S ANALYSIS REPORT AND INSPECTION REPORT TO INCREASE STATE REVENUE (Presidential Instruction No. 2 of 2017)

M.Fuad Budi Syakir (Indonesian Financial Transaction Reports and Analysis Center)

Asia Pacific Fraud Journal
Vol 3, No 1 (2018): Volume 3, No.1st Edition (January-June 2018)

Corruption is considered as a major contributor to the inequality of prosperity of the Indonesian people. Corruption is a predicate crime leading to criminal act of money laundering. Nonetheless, many of the Indonesian Financial Transaction Reports and Analysis Center (INTRAC)’s analysis report submitted to the law enforcement agencies were not processed into money laundering investigation due to lack of evidence collected. The effort was ceased and no subsequent action to the analysis report. Current Presidential Instruction No. 2/2017 required optimization of INTRAC’s analysis report by submitting the deadlocked case to Directorate General of Taxation (DGT) thus DGT may utilize the report to review, trace and investigate the potential taxation-related criminal acts.