His search for the most suitable political framework for Indonesia continues to this day. His strong belief in democracy as the grand consensus of the nation’s founders has compelled him to take positions that were sometimes difficult and unpopular. The same spirit is also embodied in the political, democratic, and constitutional research institution he leads: Nagara Institute.
"Nagara Institute is an institute for political, democracy, and state affairs studies that was established in late 2019. The main activities of Nagara Institute are planning and carrying out various activities related to political, democratic, and state affairs studies.
The realization of a state system based on law and democratic values and upholding human dignity.
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Conducting policy advocacy activities in the fields of politics, democracy and state to various institutions, both government and non-government bodies.
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The Directorate General of Law Enforcement for Energy and Mineral Resources (Ditjen Gakkum ESDM) is investigating an alleged criminal offense involving the transport of B50-grade diesel fuel, which concerns the vessel *Self-Propelled Oil Barge* (SPOB) NURFAIZAH 03 in the waters off Tanjung Emas, Semarang, Central Java.
Global index provider MSCI Inc. has clarified that the proposed downgrade of the Indonesian stock market—from "Emerging Market" to "Standalone Market"—is not driven by technical index-related issues, but rather by fundamental problems within the market itself. It is suggested that Indonesia requires substantive reforms to purge its capital market of "bad actors," or problematic market participants.
The decline of the Jakarta Composite Index (JCI) to the 4,900 level has extended capital market issues into the political sphere. Amidst the pressure on the stock exchange, questions have emerged regarding alleged stock manipulation, transparency of ownership, regulatory oversight, and the perceived lack of thorough law enforcement. These issues were addressed during a discussion on the *Akbar Faizal Uncensored* channel, featuring Fithra Faisal Hastiadi—an economic spokesperson for BAKOM—on Monday (October 19, 2026).
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