TEMPO.CO, Jakarta - Head of the State-Owned Enterprises Regulatory Agency and Chief Operating Officer of Danantara Indonesia, Dony Oskaria, will release the financial report after the General Meeting of Shareholders (RUPS) of all state-owned enterprises (SOEs) is completed at the end of June.
"All (RUPS) meetings will be completed by the end of June. All SOEs," Dony said after attending a working meeting with Commission VI of the Indonesian House of Representatives (DPR) at the Senayan Parliament Complex, Jakarta, on Monday, June 8, 2026, as reported by Antara.
Dony explained that Danantara's financial report is a consolidation of all SOEs ' financial reports. He added that Danantara is currently tidying up its SOEs one by one. Several SOEs have yet to hold their AGMs.
Therefore, he stated that Danantara's financial report has not been released to the public because it is still finalizing the accounting for all SOEs, not because of a lack of transparency. "This includes the impairments (asset impairments) we are working on. After that, Danantara's accounting will be released," Dony said.
He guaranteed that Danantara would be transparent and would make major improvements to the governance and transparency of all SOEs' financial reports.
On a separate occasion, Dony emphasized that a complete transformation of SOEs is essential to ensure more transparent and accountable management of state assets. According to him, the root cause of the current financial burden stems from poor governance.
Dony revealed that the SOEs' chaotic financial reporting is often fueled by manipulation or financial engineering practices to improve performance. As a result, both the state and companies suffer significant losses due to management negligence and illegal activities.
According to Dony, his team's primary focus is currently on conducting an in-depth audit and streamlining asset records to reflect the real conditions on the ground. He hopes that through this consolidation and cleanup, Danantara can begin its journey on a sound financial foundation, free from past burdens, and implement world-class transparency standards.
Read: Danantara Says Telkom Will Close Up to 14 Subsidiaries
Click here to get the latest news updates from Tempo on Google News
Danantara Says Telkom Will Close Up to 14 Subsidiaries
4 jam lalu
Danantara stated that PT Telkom Indonesia Tbk will be liquidating or closing 12-14 of its subsidiaries.
Danantara Says It Won't Take Profit Margins on Commodity Exports
20 jam lalu
Danantara Sumberdaya Indonesia will not take profit margins when acting as the sole exporter of several strategic commodities.
Danantara Denies Obligation for Indonesians to Buy Patriot Bonds
3 hari lalu
Rumors are circulating that people with savings exceeding Rp3 billion are required to purchase these two bonds.
Danantara's Take on Moody's Baa2 Negative Rating
3 hari lalu
Danantara responds to Moody's Ratings assigning a Baa2 rating with a negative outlook to PT Danantara Investment Management.
Is Danantara Requiring Rich Indonesians to Buy Merah Putih Bonds?
3 hari lalu
Danantara COO responds to reports claiming Indonesians with savings above Rp3 billion are required to buy Patriot and Merah Putih Bonds.
Danantara Touted to Fund Trans-Sumatra Railway: How Much Will It Cost?
3 hari lalu
Transportation Minister Dudy Purwagandhi says the government is considering funding from BPI Danantara for the Trans-Sumatra railway project.
Indonesia to Cull Subsidiaries of State Power Firm PLN by 2028
4 hari lalu
Danantara targets simplifying the business structure of PLN to increase operational efficiency.
Moody's Rates Danantara Investment at Baa2
5 hari lalu
Moody's Ratings has assigned a first-time Baa2 issuer rating to PT Danantara Investment Management.
The Divergent Economics of Sumitro's Son
7 hari lalu
Unlike his father, Prabowo Subianto is running Indonesia's economy recklessly and without fiscal discipline.
Indonesian Exporters Urge Gradual Rollout of Single-Gate Export Policy
8 hari lalu
Business groups have urged the government to carefully implement the new single-gate export policy that took effect on Monday through PT DSI.
:strip_icc():format(jpeg):watermark(kly-media-production/assets/images/watermarks/bola/watermark-color-landscape-new.png,1125,20,0)/kly-media-production/medias/5495647/original/074499000_1770385031-barba.jpeg)
