Reconstructing the Authorities of Investigators of the Financial Service Authority

Abstract

Objective: Reconstruction of the authorities of investigators of the Financial Service Authority (FSA) as special investigators is needed to shed light on special cases of economic crimes in the financial services sector.   Method: For investigators in general, it is difficult to handle such cases which have so far been assigned to the Police institution which basically has the main task of protecting society and maintaining public order. This has affected the powerless image of the criminal justice system in Indonesia in meeting the expectations of consumers and justice seekers as well as supporting national economic growth in a sustainable and stable manner, as defined to be the objective of the FSA establishment. This research method is empirical.   Result: The results of the study show that the KSP Indosurya case worth IDR 106 trillion ended in the imprisonment of the plaintiff's lawyer while the defendant was declared acquitted because the criminal case was decided to be addressed as a civil case. Of course, this problem was rooted in a misdiagnosis at the stage of investigation and prosecution.   Conclusion: For this reason, there must be a special investigative institution to handle special cases that will screen economic crimes in the financial services sector before they are forwarded to the courtroom.