Kimia Farma Trading & Distribution (KFTD) Implementing a Zero-Tolerance Policy for Corruption and Bribery
PT Kimia Farma Trading & Distribution (KFTD) as a subsidiary of PT Kimia Farma Tbk has a zero-tolerance policy for corruption and bribery. All employees are dedicated to fair competition, professionalism, and Good Corporate Governance (GCG) principles.
KFTD fosters a healthy business climate, avoids conflicts of interest, and prioritizes corporate interests over personal or group interests. Complying with Indonesia’s anti-corruption laws, KFTD actively promotes anti-corruption practices.
Anti-Corruption Program
KFTD’s anti-corruption program includes several key initiatives:
- Prevention of insider trading.
- Socialization of the gratification program.
- Timely reporting of gratifications within 30 days of receipt.
- Anti-corruption training and workshops.
- Comprehensive policies for goods and services procurement.
- Implementation of a Whistleblowing System (WBS) for reporting and complaints.
Evaluation and Responsibility
The Integrated Risk Management Division collaborates with the Gratification Control Unit (UPG), which covers all entities within KFTD under the coordination of the Director of Finance and Risk Management.
KFTD acknowledges corruption as an extraordinary crime with severe societal and national implications. It supports government efforts to combat corruption through institutions such as the Attorney General’s Office, the police, and the Corruption Eradication Commission (KPK).
Legal Framework
KFTD’s commitment to anti-corruption is reflected in its adherence to the legal framework outlined in Law No. 31 of 1999, as amended by Law No. 20 of 2001. This framework covers acts against the law that enrich individuals or entities at the expense of the state’s finances or economy. It includes provisions on misuse of authority, bribery, embezzlement, extortion, procurement fraud, and gratification.
Mitigation and Socialization
To mitigate the risks of corruption and bribery, KFTD has implemented an Anti-Bribery Management System. KFTD actively communicates its anti-corruption policies through its website, banners, and email blasts.
Additionally, a Whistleblowing System (WBS) is in place to report fraudulent activities within KFTD. KFTD regularly reports gratifications to the KPK through their web portal.
Training and Awareness
KFTD ensures its anti-corruption policies are well-communicated to the Board of Commissioners, Directors, employees, partners, and vendors. Partners and vendors were also made aware through the vendor policy on the procurement website. Additionally, KFTD engages all staff in anti-corruption training programs, achieving full participation from governance bodies and employees.
KFTD’s steadfast commitment to prevent corruption and bribery underscores its dedication to ethical business practices and supports the broader fight against corruption in Indonesia.
