THERE is something amiss with the state-owned enterprises (SOEs) ministry. As the shareholder, it allowed the continuation of clearly corrupt practices at Asuransi Kredit Indonesia, or Askrindo, one of seven government-owned insurance companies.

The alleged offences were uncovered by Askrindo’s board of commissioners. They found that the amount paid to their commission agents had been inflated. In 2019, Askrindo paid Rp195.9 billion to Ask