3 days ago
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March 26, 2025 | 05:44 pm
TEMPO.CO, Jakarta - Minister of Energy and Mineral Resources Bahlil Lahadalia responded to the presence of several foreign nationals in the leadership structure of Daya Anagata Nusantara, or Danantara. The minister said on Wednesday, March 26, 2025, that these figures are “well-known” and “experienced.”
Appointing foreign nationals to help manage the sovereign wealth funds, he said, will not be a problem as long as they remain professional. “I believe there will be no issues as long as they remain professional,” he said on Wednesday.
Danantara's CEO, Rosan Perkasa Roeslani, has announced the complete management structure of the investment management body on Monday, March 24, which contained six international figures.
They include Ray Dalio, Jeffrey Sachs, F. Chapman Taylor, and Thaksin Shinawatra, serving as Danantara's advisory board members. Meanwhile, Lieng-Seng Wee holds the position of Managing Director of Risk and Sustainability, as well as Yup Kim serving in the Investment and Portfolio Committee.
One of the figures highlighted due to his past background is Thaksin Shinawatra, who has previously been embroiled in legal cases.
The Thai politician and businessman was once involved in a case related to ownership of shares in his family company, Shin Corp. According to a report by Bangkok Post, Thaksin was accused of allowing other individuals to hold shares in Shin Corporation in order to profit from a company that received concessions from the state. In this case, Thaksin was found guilty on two charges and sentenced to five years in prison.
Another legal case that ensnared Thaksin was the abuse of power in 2008. He was sentenced to two years in prison due to a conflict of interest related to the purchase of land by his then-wife, Khunying Potjaman na Pombejra.
His wife won the auction to buy state-owned land located in the center of Bangkok in 2003, while Thaksin Shinawatra was still serving as prime minister. Despite being convicted, Thaksin did not serve his sentence, as he fled overseas and avoided punishment for more than a decade.
Raden Putri Alpadillah Ginanjar contributed to the writing of this article.
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