TEMPO.CO, Jakarta - The spokesperson of the Corruption Eradication Commission (KPK), Tessa Mahardhika Sugiarto, stated that the appointment of the KPK Chair as one of the members of the Danantara Oversight and Accountability Committee was directed towards the KPK as an institution, not referring to personal capacity, in this case, Setyo Budiyanto.
"The KPK as an institution, not referring to personal capacity, in this case, the Chair of KPK Setyo Budiyanto," said Tessa in a written statement on Monday night, April 7, 2025.
Therefore, she said, any evaluation, suggestions, and input that will be conveyed by the KPK will become an organizational decision.
Tessa mentioned that the KPK is committed to continually supporting efforts to improve and develop the country by conducting oversight of BPI Danantara professionally, emphasizing good governance. The KPK will collaborate with other members of the Oversight and Accountability Committee team, namely the Head of the Financial Transactions Reports and Analysis Center (PPATK), the Chair of the Supreme Audit Agency (BPK), the Head of the Financial and Development Supervisory Agency (BPKP), the Chief of National Police, and the Attorney General.
Tessa asserted that there will be no conflict of interest in the management of the KPK at Danantara. The anti-corruption commission involved in the oversight and accountability committee of Danantara will ensure that every decision made will not affect the objectivity of the KPK in carrying out its duties.
Furthermore, the KPK ensures that its independence in law enforcement will be well maintained. In the event of legal issues involving Danantara, the KPK will act professionally and objectively, upholding the principles of transparency and accountability without any intervention from any party, including in the management itself.
The KPK will continue to evaluate the effectiveness of its involvement for further improvement steps. Tessa stated that the institution also invites the public to participate in overseeing the performance of BPI Danantara as a form of public involvement in safeguarding national development.
Researcher at the Center for Anti-Corruption Studies, Faculty of Law, Gadjah Mada University, or Pukat UGM, Zaenur Rohman, assessed that the involvement of the KPK Chairman in the Oversight and Accountability Committee of the Investment Management Body of Nusantara (BPI Danantara) will create a conflict of interest.
According to Zaenur, the KPK should be outside the Danantara system and act as an external supervisor. Thus, if corruption occurs at Danantara, the KPK can be objective. Because if the KPK is inside, although not part of the Danantara organ, it is feared that it may disturb the neutrality of the KPK.
Therefore, he said, the KPK should be outside the Danantara environment but given access to conduct oversight. For example, from the audit side, activity reports from Danantara.
However, the problem is, the tasks and authority of the Oversight and Accountability Committee are not regulated in Law No. 1 of 2025. The name of this committee only appeared in Government Regulation (PP) No. 10 of 2025. Even then, Zaenur said, their authority is not specified. "The authority of this committee is not regulated, so its tasks are unknown. It's still unknown, everything is up to the president," he said.
Danantara is a sovereign wealth fund investment management institution. The investment funds will be used to support economic growth, infrastructure development, and strategic investments in important sectors such as renewable energy, technology, and other industries.
Structurally, Danantara is a super holding company for seven SOEs and large asset investment institutions in Indonesia, namely BRI, Mandiri, BNI, PT Telkom, PT Pertamina, PT PLN, Mind ID, and the Indonesia Investment Authority (INA). Its total assets reach over Rp14 trillion. Gradually, all SOEs will be managed by Danantara.
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