March 11, 2026 | 09:53 pm
TEMPO.CO, Jakarta - Indonesian President Prabowo Subianto warned his aides against providing him with what he called "bogus reports," while attending the first anniversary of the sovereign wealth fund Danantara Indonesia.
Prabowo mandated that all of the data provided to him correspond with the actual situation on the ground. "Don't play around with me, giving me bogus reports, misleading reports, deceitful reports. I'm giving you a stern warning," said Prabowo at Wisma Danantara, Jakarta, on Wednesday, March 11, 2026.
The head of state conveyed his warning as he talked about Danantara's performance over the past year. The data he received showed that Danantara had increased its return on assets (RoA) by 300 percent in 2025 compared to the previous year.
Prabowo said he's hoping the data was not manipulated, warning his staff against falsifying reports just to please him. "I received a report; hopefully this report is correct," said Prabowo.
If the report is accurate, he said, then this achievement would serve as evidence of the primary rationale behind the establishment of Danantara. Prabowo said the agency bears heavy responsibility to manage all of Indonesia's wealth.
For him, Danantara, as the main controller and manager of state-owned assets, is good for the nation. "It's not possible to have good management without being under one control, in one hand," he said.
President Prabowo officially launched Danantara Indonesia on Monday, February 24, 2025. Danantara is an independent institution under the President's office with a mandate to manage and optimize government investments as well as State-Owned Enterprises' (BUMN) assets.
Read: Prabowo: Danantara Indonesia's Return on Assets Surges Over 300%
Click here to get the latest news updates from Tempo on Google News
Prabowo: Danantara Indonesia's Return on Assets Surges Over 300%
38 menit lalu
President Prabowo Subianto highlights Danantara Indonesia's remarkable performance over the past year, achieving a return on assets (ROA) of over 300 percent.
Prabowo Attends Danantara Indonesia Anniversary Celebration
2 jam lalu
According to Prabowo, Danantara is entrusted with the heavy responsibility of managing Indonesia's wealth.
Prabowo Says Leadership Is Destiny at Nuzulul Quran Event
10 jam lalu
Prabowo's statement was delivered after listening to a lecture and prayer from Muslim scholar, Quraish Shihab.
Grab Allocates Rp110 Billion in Eid Bonuses to Over 400,000 Driver
10 jam lalu
The total allocation for Grab's Eid bonuses this year is up to three times higher than last year.
Prabowo: Indonesia Does Not Interfere in Other Countries' Internal Affairs
15 jam lalu
Indonesian President Prabowo Subianto stated that Indonesia does not want to interfere in the internal affairs of other nations.
Quraish Shihab to Prabowo: 'Power Comes from God'
15 jam lalu
In his lecture, Indonesian Muslim scholar Quraish Shihab discusses the issue of power while praying for President Prabowo Subianto.
Prabowo Holds Meeting with Economic Ministers, Agency Heads at Palace
1 hari lalu
President Prabowo holds a meeting at the Presidential Palace to discuss Eid preparation and fiscal stability.
The Odd Reaction of a Peacemaker
1 hari lalu
Prabowo Subianto wants to become a peace broker in the Iran-Israel War. He is rallying support at home.
Today's Top 3 News: Prabowo Warns Indonesians of Difficult Times Due to Middle East War
1 hari lalu
Here is the list of the top 3 news on Tempo English today.
Prabowo Warns Indonesians of Difficult Times Due to Middle East War
1 hari lalu
President Prabowo states that he will speak about the current situation to the entire Indonesian people in the near future.
