Danantara is Not Above the Law, Group CEO Claims

3 hours ago 9

February 25, 2025 | 01:08 pm

TEMPO.CO, Jakarta - Group CEO of the State-Owned Enterprises Investment Management Agency (BPI) Rosan Roeslani stated that Danantara is not above the law.

This statement follows the ongoing discussion regarding regulations in Law Number 19 of 2003 concerning State-Owned Enterprises (SOEs). This law was later revised into Law Number 1 of 2025 concerning the Third Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises.

In addition, President Prabowo Subianto also signed Government Regulation Number 10 of 2025 concerning the Organization and Governance of the State-Owned Enterprises Investment Management Agency (BPI).

Among the regulations, it is stipulated that the annual financial report examination of the company is carried out by a public accountant.

The Corruption Eradication Commission (KPK), the Financial and Development Supervisory Agency (BPKP), and the Supreme Audit Agency (BPK) can only inspect Danantara if requested by the House of Representatives or for specific purposes.

"Firstly, I want to convey that no one is above the law in this country. Indeed, the KPK can (inspect Danantara). Especially if there are inappropriate or criminal actions, it is very much possible. The BPK, too," said Rosan Roeslani after the launch of Danantara at the Merdeka Palace, Jakarta, on Monday, February 24, 2025.

This new institution, Rosan claims, will be managed transparently with a multi-layered oversight structure. Moreover, Danantara will oversee assets from Public Service Obligation (PSO) companies, or companies assigned by the government to provide subsidized public services.

"This news needs to be clarified. All of these entities will oversee us and actively participate in ensuring that we operate properly and correctly," he stated.

Furthermore, Rosan said his team would report directly to President Prabowo Subianto on Danantara's operations. As a result, Danantara will become one of the most closely monitored institutions, involving the entire presidential apparatus. He also pledged that there would be no conflicts of interest under his leadership.

Thus, Danantara will be the most supervised institution because it involves all the presidential apparatus. Rosan also promised that there will be no conflict of interest during his leadership of the institution.

"This is a great responsibility and God willing, if we run this properly, with careful planning, and without any conflicts of interest," he said.

Hendrik Yaputra and Antara contributed to the writing of this article

Editor’s Choice: A Glimpse into Danantara CEO Rosan Roeslani's Wealth, Net Worth Hits Rp864.6bn

Click here to get the latest news updates from Tempo on Google News



IHSG Weakened, Foreign Investors Withdrew Rp3.47 Trilion After Danantara Launch

1 jam lalu

IHSG Weakened, Foreign Investors Withdrew Rp3.47 Trilion After Danantara Launch

Indonesia Composite Index (IHSG) continued to weaken on Tuesday amid the Danantara launch and U.S. President Donald Trump's tariff policies.


Three Pertamina Sub-Holding Directors, Four Executives Named Suspects in Crude Oil Case

1 jam lalu

Three Pertamina Sub-Holding Directors, Four Executives Named Suspects in Crude Oil Case

AGO names three directors from Pertamina and four other individuals as suspects in a corruption case involving the governance of crude oil.


A Glimpse into Danantara CEO Rosan Roeslani's Wealth, Net Worth Hits Rp864.6bn

2 jam lalu

A Glimpse into Danantara CEO Rosan Roeslani's Wealth, Net Worth Hits Rp864.6bn

In 2021, Forbes ranked Danantara's Rosan Roeslani 87th on the list of Indonesia's wealthiest individuals, with a net worth of US$450 million.


Today's Top 3 News: Potential Replacements for Pope Francis, Danantara Can Transform National Wealth Management

15 jam lalu

Today's Top 3 News: Potential Replacements for Pope Francis, Danantara Can Transform National Wealth Management

Here is the list of the top 3 news on Tempo English today.


Former British PM Tony Blair Tapped as Member of Danantara Supervisory Board

16 jam lalu

Former British PM Tony Blair Tapped as Member of Danantara Supervisory Board

President Prabowo Subianto officially launched Danantara today at the Presidential Palace in Jakarta.


Here's the List of Companies Currently Headed by Danantara CIO Pandu Sjahrir

18 jam lalu

Here's the List of Companies Currently Headed by Danantara CIO Pandu Sjahrir

Companies currently led by Pandu Sjahrir, who was appointed by President Prabowo Subianto as a leader in Danantara.


Rupiah Closes Stronger at Rp16,278 per US Dollar Amid Danantara Sentiment

19 jam lalu

Rupiah Closes Stronger at Rp16,278 per US Dollar Amid Danantara Sentiment

Despite the launch of Danantara bringing fresh air to the national economy, the rupiah is expected to face volatility shortly.


Besides Danantara, Here Are 5 Largest Sovereign Wealth Funds in the World

19 jam lalu

Besides Danantara, Here Are 5 Largest Sovereign Wealth Funds in the World

Besides Danantara, these are the top largest sovereign wealth funds in the world based on the data published by Sovereign Wealth Funds Institute.


Kaesang Pangarep Denies Involvement in Danantara's Organizational Structure

19 jam lalu

Kaesang Pangarep Denies Involvement in Danantara's Organizational Structure

Dressed in a black suit, Kaesang Pangarep also declined to confirm rumors that his father, Joko Widodo, might be one of Danantara's advisors.


Danantara Doubts Are Understandable, Prabowo Says

21 jam lalu

Danantara Doubts Are Understandable, Prabowo Says

Prabowo calls on all parties to oversee the implementation of BPI Danantara.


Read Entire Article
Pemilu | Tempo | |