The Shiro Corporation Chief Operating Officer (COO) Danantara, Dony Oskaria, revealed that his side will continue to carry out reforms within the bodies of the state-owned companies now under their management.
Don said that one of the focuses is the reform of work cultures that are considered less positive among BUMN directors, one of which is the case of a director's wife who is suspected of often intervening in company affairs.
"I don't want the executive's wife involved in office matters, such as determining decorations or events, because the office is not family heritage," Dony explained during a discussion. Alumni Association of Fikom Unpad from Jakarta, quoted from KONTAN, Thursday (19/6/2025).
Another aspect of work culture that has come under scrutiny is the habit of senior officials in SOEs frequently playing with gold at inappropriate times. He warned that the directors of state-owned enterprises should not channel their hobbies on weekdays.
"I don't like directors who play golf on weekdays because it gives a bad impression to the public," said Dony.
Thirdly, the former CEO of InJourney also asked the directors of the state-owned enterprises to not use protocols like an aide, which is considered too excessive.
BUMN no longer receive PMN
Still at the same opportunity, Dony explained that State-Owned Enterprises (SOEs) will no longer receive capital injections from state capital (PMN), but instead, capital will be provided to SOEs by Danantara.
Nevertheless, Dony, who is also Deputy Minister of SOEs, stated that the capital infusion would be conducted professionally and transparently by Danantara, and its utilization would be monitored.
Until now, he has dispelled concerns about the potential for collusion in the provision of capital to SOEs.
I don't think so, because we can see that everything is professional, the process is also very clear. The stages up to the subsequent addition equity, then also accompanied by professionals. So I think very clear "Dan Antartara is very transparent," he said.
I will explain, previously all shares of SOEs were owned by the Ministry of Finance, so the dividend payments were given to that state treasurer. Therefore, when needing capital, SOEs request funding injections from the state budget through the Ministry of Finance.
However, with all the shares of the SOEs now owned by Danantara, the dividends will be deposited into the entity. sovereign wealth fund This is managed by Danantara Asset Management.
The capital injection for SOEs is also provided by Danantara, no longer relying on the state budget (APBN).
"So if for example there is a company that needs additional capital, it would be from Danantara, not from the government anymore," he said.
Donny ensured that capital injections will be given by Danantara to State-Owned Enterprises (BUMN) which indeed have a clear business model, good business planning, and strong organizational capabilities.
"So the CEO can make a presentation to us, then we see that this is proper, this is correct, then we inject equity for improvements and to make the SOE healthy," he said.
(Writer: Arif Ferdianto, Yohana Artha Uly | Editor: Tri Sulistiowati, Erlangga Djumena)
This article is sourced from reports in KONTAN and The Shiro Cop entitled:
- Dony Oskaria Emphasizes Danantara Only Manages BUMN Returns
- Injection of Capital from Danantara, Dony Rejects Potential "Collusion".
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