<![CDATA[The establishment of the Badan Pengelola Investasi Daya Anagata Nusantara (Danantara) under Law Number 1 of 2025 represents a significant transformation in the management of state investment and strategic assets. Its establishment raises issues concerning authority, governance, transparency, oversight, and state administrative accountability. This study employs a normative juridical method using statutory and conceptual approaches. Legal materials are analyzed qualitatively to examine Danantara’s institutional authority from the perspective of state administrative accountability. Danantara has a legal foundation to manage state investment and strategic assets; however, its expanded authority must be balanced with clear mandates, functional delineation, effective oversight, independent auditing, transparent reporting, and conflict-of-interest prevention. Comparisons with state investment institutions in Singapore, Malaysia, and Norway demonstrate the importance of balancing investment autonomy with accountability mechanisms. Danantara requires an accountable investment autonomy model that balances investment discretion with legal, administrative, financial, institutional, and public accountability to ensure that state assets are managed transparently, audibly, professionally, and in accordance with the public interest.]]>
Copyrights © 2026
