Page 159 - BUKU STRENGTHENING THE INDONESIAN PARLIAMENTARY DIPLOMACY FADLI ZON

In terms of corruption, the role of third parties that offered their service and advice to facilitate
the laundering of assets should receive more attention. Panama Papers reveal how our
politicians, government even our banking officers establishing shell company overseas which
were facilitated by Mossack Fonseca & co, a law firm and corporate service provider in Panama.
If assets can finally be recovered, a concern has been raised that victim countries cannot meet
the terms and conditions applied by countries where proceeds of corruption are hidden or
other multilateral institutions that provide support to such process. The recovery of assets will
be difficult even more.

146 I Selected Speeches of the Vice Speaker of the House of Representatives of the Republic of Indonesia