Investigations Lead to Management Overhaul in Askrindo

Investigations Lead to Management Overhaul

Monday, March 8, 2021

The alleged corruption implicating Asuransi Kredit Indonesia (Askrindo) sparked up improvement plans in the parent company of state-owned insurance and underwriting firms. There are problems in the insurance agent business regulations.

The Memorandum of Understanding Signing Ceremony between the BPKP and the Ministry of BUMN and the Deputy for State Accountants with BUMN Holding, one of which is IFG, to commit to implementing the principles of compliance and good corporate governance, at the BPKP head office, Jakarta, last January. Photo: ifg.id. tempo : 171388817185.

THIS March, the Finance and Development Supervisory Agency (BPKP) will launch an investigative audit on Asuransi Kredit Indonesia or Askrindo. The government’s internal auditing agency had just completed the case presentation with Indonesia Financial Group (IFG), the holding company of state-owned insurance and underwriting firms. “We could not have been more transparent in the Jiwasraya and Asabri cases,” said Deputy State-Owne

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