PTPP emphasizes the commitment to GCG in the middle of the KPK examination process

Responding to the news regarding the summons of several employees by the Corruption Eradication Commission (KPK), PT PP (Persero) Tbk (PTPP) conveyed official clarification of the legal process that is currently ongoing.

The summons is part of the examination process for the alleged cases that occur in the PTPP EPC Division environment in the 2022-2023 period. The examination has been carried out since December 2024 and is currently entering the continued stage at the KPK.

PTPP Corporate Secretary, Joko Raharjo, stated that the inspection process did not have a material impact on the company’s operational continuity or business activities. “PTPP continues to carry out business activities normally and professionally, according to our commitment in maintaining the trust of stakeholders. All projects, services, and business functions run as they should,” Joko said.

As an open company, PTPP always upholds the application of the principle of Good Corporate Governance (GCG) in every aspect of business management. In this case, PTPP is cooperative and provides full support for the ongoing legal process. “We respect the process carried out by the KPK and ensure that every party that is questioned, both active employees and those who have been retired, are ready to clarify in accordance with applicable legal provisions,” he continued.

PTPP also emphasized the respect for the principle of presumption of innocence for all parties involved in the examination process. Until now, there has been no permanent legal decision on the case.

Furthermore, as a form of commitment to continuous improvement, PTPP has and continues to strengthen the governance system by actively cooperating with the Directorate of Anti -Corruption of the KPK Business Entity, in order to increase the effectiveness of internal control.

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Concerning PT PP (Persero) Tbk

PT PP (Persero) Tbk (Issuer Code: PTPP) is one of the leading construction companies and in Indonesia which was established in 1953. At present, PTPP has 7 (seven) integrated business lines ranging from upstream, middlestream to downstream, which includes: energy, property, infrastructure, construction services, engineering, procurement and construction (epc) and precast. PTPP has a solid record and won awards for port construction projects, power plants, airports, dams, and buildings in Indonesia. PTPP is a pioneer for the Eco-Friendly Green Building concept in Indonesia which has won several local and international awards for its work. PTPP recorded its shares on the Indonesia Stock Exchange on February 9, 2010, with a public ownership of 49%. In 2015, PTPP recorded the shares of the subsidiary of PT PP Properti Tbk (Issuer Code: PPRO) on the Indonesia Stock Exchange as much as 35%. To support sustainable growth in the future, PTPP expands in the energy and infrastructure sector in 2016. In 2017, subsidiaries engaged as a contractor based on heavy equipment PT PP Precision Tbk (Issuer Code: PPRE) to the floor on the Indonesia Stock Exchange by releasing 23% of shares to the public. To face the Industry 4.0 era, PTPP carries out an Excellence operational strategy by implementing a reliable information system, namely ERP as the main enterprise system that is supported by various operational support applications in answering the challenges and needs of the company going forward. PTPP also applies the use of Building Information Modeling (BIM) as well as mastery of other new technologies aimed at increasing speed, accuracy and efficiency and becoming superior companies and excellence.