Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)

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The Urgency of Resolving the Bank of Indonesia’s Liquidity Assistance Case Based on Law Number 10 of 1998 Concerning Banking Related to the Supreme Court Decision Number 1555 K/Pid.Sus/2019

Authors
Aldo Evander1, Jeane Neltje1, *
1Faculty of Law, Universitas Tarumanagara, Jakarta 11440, Indonesia
*Corresponding author. Email: jeanenovember@gmail.com
Corresponding Author
Jeane Neltje
Available Online 21 April 2022.
DOI
10.2991/assehr.k.220404.032How to use a DOI?
Keywords
Urgency; Resolution; BLBI; Banking
Abstract

The BLBI case is indeed quite complex to handle, considering that there were two BPK audit results in 2006 and 2017 with different results, especially regarding the presence or absence of state financial losses as an element of corruption. The problem faced is how the impact of uncertainty in rescuing the BLBI case on the future of investment in Indonesia and how urgency to resolve the Bank Indonesia Liquidity Assistance case based on Law Number 10 of 1998 concerning Banking related to the Supreme Court’s Decision Number 1555 K/Pid.Sus/2019. The research method used in writing this scientific paper is a normative juridical research method. The results of the study indicate that the impact of uncertainty in rescuing the BLBI case on the future of investment in Indonesia is investor distrust of the investment climate in Indonesia, given the long-winded and time-consuming BLBI settlement. The urgency of resolving the Bank Indonesia Liquidity Assistance case based on Law Number 10 of 1998 concerning Banking related to the Supreme Court Decision Number 1555 K/Pid.Sus/2019 is through the MSAA mechanism with Release and Discharge clauses and MRNIA, but in the reality, this has implications for various irregularities by the obligor or the BLBI receiving banks. It should be in order to recover the state financial loss of Rp. 108 trillion to the State treasury, the government uses a civil lawsuit on the basis of the Asset Confiscation Law.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
21 April 2022
ISBN
10.2991/assehr.k.220404.032
ISSN
2352-5398
DOI
10.2991/assehr.k.220404.032How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Aldo Evander
AU  - Jeane Neltje
PY  - 2022
DA  - 2022/04/21
TI  - The Urgency of Resolving the Bank of Indonesia’s Liquidity Assistance Case Based on Law Number 10 of 1998 Concerning Banking Related to the Supreme Court Decision Number 1555 K/Pid.Sus/2019
BT  - Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)
PB  - Atlantis Press
SP  - 204
EP  - 211
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220404.032
DO  - 10.2991/assehr.k.220404.032
ID  - Evander2022
ER  -