Asset Seizure Bill to Regulate Establishment of Managing and Supervisory Bodies

JAKARTA, KOMPAS.com - A member of Commission III of the House of Representatives, Soedeson Tandra, stated that the Asset Seizure Bill related to corruption and other criminal acts will regulate the establishment of an independent Managing Body and Supervisory Body.

"We are placing this body under the President, which is almost 100 percent in line with public opinion from citizens who want this managing body to be independent," Soedeson said during a public hearing regarding the Asset Seizure Bill, as quoted from a broadcast by TVR Parliament on Wednesday (11/11/2026).

He further explained that the authority, structure, operational methods, and compensation for both bodies will be entrusted to the executive.

"In this bill, we have indeed separated the term 'body'; we did not use 'council'. Secondly, we did not use 'chairman', but 'head'. The command chain is clear, therefore the authority is also clear," Soedeson added.

"We are also separating the Managing Body and Supervisory Body. However, their authority, structure, work methods, and compensation are all given to the executive, in this case, the President," added the Deputy Chair of the Asset Seizure Bill Working Committee.

Targeted for Approval in November 2026

On a separate occasion, the Chair of Commission III of the House of Representatives, Habiburokhman, stated that the Asset Seizure Bill will be completed in November this year.

"So, if we previously mentioned December 15, we fear that the discussion might drag on, so we started even earlier; in fact, we began public hearings two weeks ago. We want to accelerate the process so that the public's demand for this law to be enacted can soon materialize," explained Habiburokhman at the Parliamentary Complex in Jakarta on Thursday (5/11/2026).

The government has submitted a list of inventory of issues (DIM) regarding the Asset Seizure Bill to Commission III.

Representatives from the government present during the DIM submission included Deputy Minister of State Secretary Bambang Eko Suhariyanto, Deputy Minister of Law Edward Omar Sharif Hiariej, Deputy Minister of Administrative Reform and Bureaucratic Reform Purwadi Arianto, and Deputy Minister of Finance Juda Agung.

Here are eight points in the DIM for the Asset Seizure Bill:

1. Clarification of the scope of asset seizure related to corruption and other criminal acts;
2. Alignment of asset seizure mechanisms based on criminal rulings that have gained permanent legal force against perpetrators and mechanisms for asset seizure without criminal rulings against offenders with clear and measurable criteria;
3. Strengthening the legal process, including tracing, blocking, seizure, document preparation, filing applications, summons, examination in court, verdicts, implementation of verdicts, and legal remedies while upholding the principle of caution;
4. Protection of human rights and the rights of third parties in good faith, including objection mechanisms and compensation;
5. Management of criminal assets organized by a body established by the President in a professional, transparent, and accountable manner;
6. Strengthening oversight of asset seizure implementation through the Asset Seizure Supervisory Body;
7. Application of an asset management system based on integrated information technology with relevant stakeholders to support transparency, accountability, and effectiveness at every stage of asset seizure; and
8. Readiness of funding, implementing regulations, and the establishment of necessary institutions before this law comes into effect.