Pertamina Issues Public Apology and Pledges Governance Reforms amid Corruption Probe
Jakarta, March 3 (Bernama) – Indonesian state-owned oil and gas company Pertamina has issued a public apology and pledged to enhance governance reforms following a corruption investigation involving its officials.
The apology comes after an ongoing investigation by the Attorney General’s Office into alleged corruption involving Pertamina’s crude oil and refinery product management from 2018 to 2023. Nine high-ranking executives from Pertamina and associated companies were named as suspects in the case last week.
Committed to Strengthening Corporate Governance
Chief Executive Officer, Simon Aloysius Mantiri, affirmed the company’s commitment to strengthening corporate governance and ensuring compliance across its operations. "As part of our response, we have established a crisis centre to review business processes and operational governance," he said during a press conference in Central Jakarta on Monday.
Enhancing Governance and Transparency
Pertamina is taking steps to enhance its governance and transparency, including establishing a crisis centre to review business processes and operational governance. The company is also fully cooperating with authorities during the ongoing investigation and has launched a direct communication channel for citizens to report concerns.
Impact on Energy Supplies
Pertamina assures the public that energy supplies will remain sufficient during the Ramadan and Eid al-Fitr periods, and is taking measures to ensure the quality of fuel at petrol stations nationwide.
Conclusion
The corruption probe has sent shockwaves through the energy sector, and Pertamina’s response has been swift and decisive. By committing to enhance governance and transparency, the company is taking concrete steps to rebuild trust with the public and ensure the integrity of its operations.
Frequently Asked Questions
Q: What is the scope of the corruption probe?
A: The investigation involves Pertamina’s crude oil and refinery product management from 2018 to 2023.
Q: How many individuals are implicated in the case?
A: Nine high-ranking executives from Pertamina and associated companies were named as suspects.
Q: What are the alleged losses to the state?
A: Authorities suspect that the scheme caused state losses of approximately IDR193.7 trillion (about US$12.5 billion) through manipulated oil imports, non-compliant purchases, and inflated shipping contracts.
Q: What measures is Pertamina taking to address the issue?
A: The company is cooperating with authorities, enhancing fuel quality testing at petrol stations nationwide, and launching a direct communication channel for citizens to report concerns.