The latest draft regulation on economic crimes, reportedly being prepared in the form of a government regulation in lieu of law (Perppu), arrives with a familiar justification: the need for speed, strength and coordination in tackling increasingly complex financial offenses. In a country long plagued by corruption, illicit financial flows and regulatory fragmentation, the argument may sound compelling. But beneath the urgency lies a far more consequential question—whether this policy is truly about strengthening law enforcement, or quietly concentrating power. To subscribe please click here
