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The lack of a checking mechanism for underperforming deputy ministers raises the risk of conflicts of interest for cabinet members holding double positions as state-owned enterprises (SOEs) commissioners, which may undermine the government's overall performance, experts have warned.
Several new articles included in the revised State-Owned Enterprises (SOEs) Law suggest that state-owned firm’s directors, commissioners and supervisory board members are not considered state officials, potentially limiting the antigraft body’s authority over them.
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.
The State-Owned Enterprises (SOEs) Ministry has appointed a member President Prabowo Subianto’s Gerindra Party's top brass as president director of state-owned oil and gas giant Pertamina in a “politically charged” move, analysts say.
