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Prabowo scolds ‘bad’ SOEs directors behind closed doors
During the closed-door meeting, the President called on SOEs executives to end inefficiency and misconduct, ordered Danantara’s board to evaluate their performance and warned that directors who fail to deliver would be replaced.
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Stern beginnings: President Prabowo Subianto (center) addresses reporters on Monday after Danantara’s first town hall meeting at the Jakarta Convention Center (JCC) in Senayan, Central Jakarta.
(JP/Ruth Dea Juwita)
P
resident Prabowo Subianto took his opportunity to admonish ‘bad’ state-owned enterprises (SOEs) directors during the first ever town hall meeting of the country’s new sovereign wealth fund Danantara on Monday, abruptly leading the event to continue behind close doors.
The event, held at the Jakarta Convention Center in Jakarta, was planned to discuss important issues, create alignment on key strategies and tighten coordination among the enterprises.
It was initially open for media to attend, but was closed to the press shortly before Prabowo began his speech in front of around 1,500 people, including SOEs directors.
Around the same time that the press exited the hall, the organizing committee also cut the live broadcast of the meeting.
After the town hall ended, Prabowo explained it was closed to the media and the public due to the sensitive nature of his reprimands.
“It was closed because I had to scold a lot of the directors. It wouldn’t have been nice to scold them in front of the media,” Prabowo told reporters after the town hall ended.
Read also: Danantara’s entry into capital market raises long-term risks
