Pupuk Indonesia to enhance its operational oversight

Pupuk Indonesia to enhance its operational oversight

Jakarta (ANTARA) -
State-owned fertilizer producer  PT Pupuk Indonesia (Persero) will intensify supervisory operational oversight of its operations to curb corrupt practices and uphold good corporate governance practices.

"In future, we will step up supervision of the company's operations, both in the company and its subsidiaries," Pupuk Indonesia Corporate Communications Head Wijaya Laksana remarked in Jakarta on Friday.

Laksana elaborated that his side had, until now, applied varied tools to facilitate the efforts to maintain integrity and good corporate governance in the company, for instance, by applying a whistle-blowing system that necessitates employees to complete the State Operator Assets Report (LHKPN), after which PT Pupuk Indonesia is audited by the Financial Examining Agency (BPK) and the public accounting office (KAP).

"Moreover, we have conducted an assessment of its corporate governance practices, which thank the God, have always received a good value. Hence, we continue to aim for clean and transparent corporate governance," Laksana explained.

Laksana also added that the company will continue to work towards implementing the principles of good and transparent corporate governance in conducting its operations.

The corporate communications head of Pupuk Indonesia reiterated that he chiefly prioritized maintaining fertilizer availability at the domestic level, particularly for food security requirements .

"Hence, that is our priority. Regardless of what transpires in the company, our priority remains to ensure the availability of fertilizers for ensuring food security, including for Indonesia's farmers," he stated.

Pupuk Indonesia was bestowed the Gratification Control Award as the state enterprise with the Best Gratification Control Unit in 2015 by the Corruption Eradication Commission (KPK) for its commitment to collecting gratification reports.

The KPK also handed an award in 2017 to Fertilizer Indonesia in the LHKPN Category as the institution with the best Implementation of e-LHKPN in that year. The award was based on the level of LHKPN collected by the company's officials.