BUMN Bill: Minister Will Hand Over Part Of His Duties To The Antara

Illustration (Photo: Doc. ANTARA)

JAKARTA - The draft law (RUU) on the third amendment to Law Number 19 of 2003 concerning State-Owned Enterprises (BUMN) according to the DPR states that the Danantara Investment Management Agency (BPI) will carry out part of the duties of the Minister of SOEs in managing SOEs.

The information regarding the division of tasks is contained in the clause of Article 3D of the Problem Invetarization List (DIM) of the BUMN Bill.

"In carrying out SOE management, the Minister has delegated part of his duties and authorities to the Agency," the regulation reads, quoted Monday, February 3.

Still citing the DIM BUMN Bill, in Article 3D paragraph (5) in order to ensure dividend contribution to investment management, the Minister can place his representative in Danantara.

Then, in the clause of Article 3E, BPI Danantara's duties are emphasized in the management of SOEs. There are six points that are the main tasks of the Danantara.

The details, managing investment holding dividends, operational holdings and SOEs, approve the addition and/or reduction of capital participation in SOEs sourced from dividend management.

Furthermore, agreeing to the restructuring of SOEs including merger, consolidation, takeover, and separation.

Then, form an Investment holding, operational holding, and BUMN.

Then, approve the proposal to delete books and/or delete collections on state-owned assets proposed by the investment holding, or operational holding. Then, ratify and consult the DPR on the work plan and holding company budget.

Meanwhile, when referring to Article 3K, it is stated that Danantara will be based and based outside Jakarta, in this case the State Capital (IKN).

"The body is domiciled and headquartered in the National Capital," the article reads.