February 24, 2025 | 12:16 pm

TEMPO.CO, Jakarta - Head of the Presidential Communication Office, Hasan Nasbi, said that religious community organizations (ormas) are involved as advisors in the Advisory Board and management of the Investment Management Agency of Nusantara (BPI Danantara).
Hasan has not mentioned which organization will become advisor. He asked the media to wait. Prabowo will announce the names of advisors and executive board members of Danantara today. "Just wait for the announcement," Hasan said at the Presidential Palace, Jakarta, February 24, 2025.
In addition to religious community organizations, Prabowo will appoint former presidents as advisory councils. Hasan said that President Prabowo Subianto appointed former presidents to maintain the accountability and transparency of the agency. "We need people with high integrity, national figures, as part of the advisory board of this agency," he said.
Prabowo has officially signed Presidential Decree Number 30 of 2025 concerning the election of the Supervisory Board and the Executive Board of Indonesia Danantara Investment Board.
Prabowo also signed Law Number 1 of 2025 concerning the third amendment to Law Number 19 of 2003 concerning State-Owned Enterprises and Government Regulation Number 10 of 2025 concerning the Organization and Governance (BPI Danantara).
"Today, Monday, February 24, 2025, I, the President of the Republic of Indonesia, signed law number 1 of 2025," Prabowo said at the Presidential Palace in Central Jakarta on Monday, February 24, 2025, as monitored via the Presidential Secretariat's YouTube.
During the signing, Prabowo was accompanied by several figures, including the Minister of Investment and Industrial Estates, Rosan Roeslani, Minister of State-Owned Enterprises Erick Thohir, Pandu Patria Sjahrir, and Deputy Minister of State-Owned Enterprises, Dony Oskaria.
Previously, President Prabowo Subianto invited all former Indonesian Presidents, such as the 5th President Megawati Sukarnoputri, the 6th President Susilo Bambang Yudhoyono (SBY), and the 7th President Joko Widodo to participate in overseeing the Advisory Board and management of the Investment Management Agency of Nusantara (BPI Danantara).
"Danantara is the energy force of the future, and this must be upheld together. Therefore, I ask all former Presidents before me to join in overseeing this fund," Prabowo said in his speech at the 17th Anniversary of the Great Indonesia Movement Party (Gerindra) in Sentul, West Java, Saturday, February 15, 2025, as quoted from Antara.
In addition, the President also asked religious community organizations (ormas), such as Nahdlatul Ulama (NU), Muhammadiyah, and the Indonesian Communion of Churches (KWI) to participate in overseeing the management of the state's wealth fund at Danantara.
The Deputy of the Central Leadership Council for Election Victory of the Democratic Party, Kamhar Lakumani, said the 6th President Susilo Bambang Yudhoyono (SBY) will accept President Prabowo Subianto's offer to oversee Danantara Investment Board.
Melynda Dwi Puspita, Ni Kadek Trisna Cintya Dewi, and Riani Sanusi Putri contributed to the writing of this article.
Editor's Choice: Prabowo's Danantara: The Purpose and Function
Click here to get the latest news updates from Tempo on Google News
Danantara Can Transform National Wealth Management, Prabowo Claims
2 menit lalu

Prabowo says Danantara is not only an investment fund management institution, but also a national development instrument.
Here's the List of 7 State-Owned Enterprises to Join Danantara
49 menit lalu

Here is a brief profile of the seven state-owned enterprises (SOEs) which assets are expected to be managed by Danantara.
Prabowo's Danantara: The Purpose and Function
1 jam lalu

Danantara was formed as a commitment by Indonesian President Prabowo to optimize state investment management.
Danantara Officially Launched, Analysts Highlight Importance of Transparency
1 jam lalu

Analysts emphasized that transparency and accountable governance will be key to Danantara's success.
Prabowo Signs Presidential Decree of Danantara Advisory Board and Management
1 jam lalu

President Prabowo Subianto has signed the presidential decree regarding the structure of the Advisory Board and management of Danantara funds.
Indonesia's Danantara Might Meet the Same Fate as Malaysia's 1MDB; What is 1MDB?
3 jam lalu

Some equate Indonesia's sovereign wealth fund Danantara with major financial scandals such as the case of 1Malaysia Development Berhad or 1MDB.
Danantara to be Launched Today: Investment in State Assets, Targeting US$900 Billion
5 jam lalu

Danantara will be launched today with a target investment of US$900 billion. The initial funding is targeted at US$20 billion.
Prabowo Invites Supreme Court Judges to the Palace; Minister Denies it as Intervention
13 jam lalu

Constitutional law expert Feri Amasari views Prabowo's invitation of Supreme Court judges to the Palace as a form of intervention.
Prabowo to Launch Danantara at the Presidential Palace in Jakarta Tomorrow
17 jam lalu

The launch of Danantara was announced by Prabowo in his speech at the World Governments Summit 2025. It will manage a US$900 billion asset under management.
Jiwasraya Customers Ask for Prabowo's Help to Settle Insurance Payments
20 jam lalu

Some PT Asuransi Jiwasraya customers are asking for Indonesian President Prabowo's help to resolve the issue of insurance payments.