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As a participating country in the United Nations Convention Against Corruption (UNCAC) 2003, Indonesia is one of the state parties that has signed and ratified the UNCAC 2003 conference. Indonesia has the right not to comply with the arrangements in UNCAC 2003 fully. Still, looking at the current conditions, the losses caused by bribery in the private sector are about material loss, creating inefficiency, increasing crime, slowing down economic growth, worsening the image or reputation of Indonesia in the national/international investment climate so that it becomes an urgent thing to pay attention to. The research method used is the normative legal method in the form of library research carried out by collecting secondary, and tertiary legal materials. The technique of collecting materials used in this research is a literature study. The collected materials were analyzed qualitatively, and the authors used content analysis to classify legal materials. The results of this study indicate that bribery in the private sector must be immediately regulated in the rules regarding corruption in Indonesia, especially in the face of the industrial revolution era 4.0 and society 5.0 so that there is no legal vacuum that can be used by criminals to commit corruption. However, to make rules regarding the prevention and control of bribery in the private sector, it is mandatory to follow Pancasila (Indonesian ideology) and not leave the values of Pancasila as a source of importance in the life of the Indonesian nation.
Fernando et al. (Thu,) studied this question.