ABOUT SOVEREIGN WEALTH FUND : COMPARATIVE STUDY BETWEEN DAYA ANAGATA NUSANTARA AND 1MALAYSIA DEVELOPMENT BERHAD

Putiara Nalasatya, . (2025) ABOUT SOVEREIGN WEALTH FUND : COMPARATIVE STUDY BETWEEN DAYA ANAGATA NUSANTARA AND 1MALAYSIA DEVELOPMENT BERHAD. Rechtsidee, 13 (2). pp. 1-15. ISSN 2443-3497

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Abstract

Sovereign Wealth Funds (SWFs) function as state-owned investment instruments designed to support macroeconomic stability and long-term development. Indonesia’s Danantara and Malaysia’s 1MDB represent two national models with shared objectives but divergent governance outcomes. Despite Danantara’s strategic role in state-asset consolidation, limited research has compared its legal foundation and governance vulnerabilities with the failed 1MDB model. This study examines the governance structures, legal legitimacy, and oversight mechanisms of Danantara in comparison with 1MDB to identify potential risks. Findings show that both institutions exhibit similarities in centralized executive control, ambiguous regulatory frameworks, and insufficiently independent auditing processes, creating vulnerabilities to conflicts of interest and weakened accountability. This research provides an early, systematic legal-comparative assessment of Danantara, highlighting structural parallels with 1MDB before similar governance failures materialize. Strengthening Danantara’s sui generis legal basis, clarifying institutional status, and reinforcing checks-and-balances mechanisms are critical to preventing maladministration, ensuring transparency, and safeguarding national assets.

Item Type:	Article
Additional Information:	[No. Panggil : 2210611350] [Pembimbing : M. Rizki Yudha Prawira] [Ketua Penguji : Aurora Jillena Meliala] [Penguji 1 : Dwi Najah Tsirwiyati] [Penguji 2 : M. Rizki Yudha Prawira]
Uncontrolled Keywords:	Danantara, 1MDB, Sovereign Wealth Fund, Governance, Legal Accountability
Subjects:	K Law > K Law (General)
Divisions:	Fakultas Hukum > Program Studi Hukum (S1)
Depositing User:	PUTIARA NALASATYA
Date Deposited:	17 Mar 2026 07:21
Last Modified:	17 Mar 2026 07:21
URI:	http://repository.upnvj.ac.id/id/eprint/41471

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