T The president director of pt amarta karya (persero) caused substantial losses to both state finances and the company. the case originated from the misappropriation of corporate and state funds for personal interests through fictitious project schemes. this research addresses two main questions: first, how the actions of the president director of pt amarta karya (persero) in this case can be reviewed under the limited liability company law and the state-owned enterprises law; and second, whether the president director fulfilled the principles of fiduciary duty in carrying out such actions. this study employs normative legal research with a descriptive approach, utilizing secondary data analyzed qualitatively and concluded through deductive reasoning. the findings indicate that the president director abused his authority and was negligent in managing the company, in violation of articles 92 and 97 of the limited liability company law, as well as articles 5(3), 7, and 19 of the state-owned enterprises law. these actions also contravened articles 10 and 11 of the articles of association of pt amarta karya (persero), which require the board of directors to act in good faith and with full responsibility. furthermore, the president director failed to fulfill the fiduciary duties, both in terms of the duty of care and the duty of loyalty. these findings underscore the critical importance of integrity and rigorous oversight in the governance of state-owned enterprises.