The Urgency Of The Follow The Money Approach In Law Enforcement Efforts Against Money Laundering Resulting From Corruption

Abstract

The follow the money approach in tracing criminal acts of money laundering and other criminal acts is a new step applied in the context of law enforcement processes. The purpose of this paper is to find out how urgent the application of the follow the money approach is in enforcing money laundering laws, and to find out how effective the follow the money approach is in enforcing money laundering laws. The methodology used is a normative legal research method in the form of secondary data accompanied by a statutory approach and a case approach. The results of the study show that the follow the money approach is very important and urgent to apply in law enforcement against money laundering, especially the results of corruption, because this approach is a very strategic and most appropriate approach considering some of its advantages or advantages, namely being oriented to assets or proceeds of crime, after it will be possible to further reveal who the perpetrators were, what the predicate crimes were, who the other perpetrators were, and where they were hidden.