Public Oversight as a Form of Citizen Participation in the Governance of the Daya Anagata Nusantara Investment Management Agency from a Good Governance Perspective

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Abstract

One of the goals of the Indonesian state is to advance public welfare as stated in the Preamble to the 1945 Constitution of the Republic of Indonesia, Paragraph 4. In order to realize this national goal, a national fiscal policy is necessary. One of the fiscal policies used by Indonesia is the establishment of Daya Anagata Nusantara (Danantara) as a superholding of State-Owned Enterprises. The implementation of Danantara as a superholding must be in accordance with laws and regulations and the General Principles of Good Governance as an implementation of the concept of a state based on law (rechtstaat). The implementation of Danantara with the provided capital almost reaching ⅓ of the total 2026 State Revenue and Expenditure Budget, of course, must be accompanied by ideal supervision and public participation as referring to the concept of a state based on law. In addition, with the absence of the role of the DPR and DPD in the administration of the state, the implementation of Danantara is not transparent and does not fulfill the principle of openness as stipulated in Article 10 Paragraph (1) letter f of Law 30/2014. A government that is not based on AUPB is a government that tends to violate the rights of citizens and does not implement good governance.

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Zita, Alena, Nayla Sarachenita Arssya, Tanzilun Ni'mah, Addin Nuril Luthfiyah, and Denta Putra Widyatama. 2026. “Public Oversight As a Form of Citizen Participation in the Governance of the Daya Anagata Nusantara Investment Management Agency from a Good Governance Perspective”. Adagium: Jurnal Ilmiah Hukum 4 (2): 1237-48. https://doi.org/10.70308/0qpyd196.

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