Indonesian House of Representative will ask the Financial Surveillance Agency to make an investigative audit on initial public offering (IPO) made by a state- owned steel company PT Krakatau Steel and its under-writer, a top official said here on Monday. 'Many questions, even demands, have emerged, demanding investigation whether the way Krakatau Steel's shares sales were in line with a proper procedure or not, in line with rules, norms and capital market ethics or not. Therefore, the House of Representative will monitor and ask the Financial Surveillance Agency to make an investigative audit on Krakatau Steel and its under-writer,' said Marzuki Alie, speaker of House of Representative said in a speech in a speech. He also said that the parliament reminds the company's directors and commissioners to use fund raised from shares sales in line with the company's strategic plans, to increase its performance and core business which is increasing iron and steel production to fulfill domestic needs. According to Alie, go public process of Krakatau Steel who sold its 20 percent of its shares has triggered attention of public and the parliament. He said that the government has decided to set too low price on the IPO shares. 