Danantara Launched Today, Dony Oskaria Called COO?

Danantara (Photo: Antara)

JAKARTA - President Prabowo Subianto is scheduled to launch the Anagata Nusantara Power Investment Management Agency (BPI Danantara) today. The name Dony Oskaria is said to be the Chief Operating Officer (COO) of the Danantara.

When asked about the launch of Danantara, Deputy Minister of State-Owned Enterprises (BUMN) Kartika Wirjoatmodjo did not say much. He advised to wait for an announcement from President Prabowo Subianto.

"(Dantara) just ask Mr. Dony (Oskaria). At 10.00 (it will be launched), it will be announced soon," he told reporters when met on Jalan Fatmawati, Jakarta, Monday, February 24.

Previously, it was reported that the Deputy for Protocol, Press and Media of the Presidential Secretariat Yusuf Permana confirmed that the news of the launch of the Danantara would be carried out on Monday, February 24.

"Mr. President of the Republic of Indonesia will launch Daya Anagata Nusantara (Dantara) on Monday, February 24, 2025, at 10.00 WIB at the Central Courtyard of the Presidential Palace in Jakarta," he said in an official statement, Sunday, February 23.

Yusuf said the launch of the Danantara marks a new era in the transformation of the country's strategic investment management.

"This is also part of the government's commitment to realizing Asta Cita, which is a big vision to bring the Indonesian economy to a higher level through sustainable and inclusive investment," he said.

For your information, for your information, the formation of the Danantara is strengthened by the ratification of the third amendment to the Law (UU) of State-Owned Enterprises (BUMN) number 19 of 2003 on 4 February.

Launching the final draft of the BUMN Draft Law (RUU), Article 1 states that Danantara is a body that carries out the government's duties in the field of managing BUMN dividends as stipulated in the law. This provision is different in the Inventory List of Problems (DIM) of the BUMN Bill, where Danantara is assigned to manage SOEs.

Then, Article 3E paragraph (3) in the BUMN Bill explains that the purpose of establishing Danantara is to increase and optimize investment and operations of SOEs, and other sources of funds.

In addition, Danantara has the authority to manage investment holding dividends, Operational Holding, and BUMN dividends. The Investment Holding and Operational Holding were formed by the Minister of SOEs together with Danantara.

The Danantara is also authorized to approve the proposal to delete books and/or delete collections on state-owned assets proposed by the Investment Holding or Operational Holding with the Minister of SOEs. Then, Danantara is also authorized to provide loans, receive loans, and secure assets with the President's approval.

Meanwhile, Article 3J explains that Danantara's assets come from capital. Where Danantara's capital comes from state capital participation (PMN) originating from cash funds, state property, and/or state-owned shares in BUMN. Then, Danantara's capital can also come from other sources.

Meanwhile, Article 3G explains the nominal value of Danantara's capital of at least Rp1,000 trillion, which can be added through PMN and/or other sources.