HEADLINES

JAKARTA, BPK Public Relations – Board Member VII of the Audit Board of the Republic of Indonesia (BPK), Hendra Susanto, submits Audit Reports on Management of Revenue, Expenditure, and Investment year 2021 at PT. Pertamina (Persero) and other relevant institutions. Taking place in the office of Plumpang Terminal Fuel, Jakarta on Tuesday (6/6), the audit reports are received in person by President Director of Pertamina, Nicke Widyawati.

Board Member VII informs that there are some issues disclosed in the audit reports. One of them is the purchase planning of long-term Liquefied Natural Gas (LNG) for 20 years from Mozambique LNG1 Company Pte. Ltd. is carried out inadequately and thereby increasing the company’s long-term financial risk.

“For this reason, BPK recommends the officials of Pertamina to conduct recalculation in order to ensure the actual projection of LNG needs for internal Pertamina and to coordinate with Ministry of State-Owned Enterprises to mapping domestic needs together with State Electricity Company (Perusahaan Listrik Negara/PLN), fertilizer industries, and others, as well as to follow-up results of recalculation of the domestic needs,” said Board Member VII.

He further says that based on the audit results, except for those explained in the significant issues, BPK concludes that the management of revenue, expenditure, and investment year 2021 at PT. Pertamina have not been fully implemented in accordance with the criteria in all material respects.

Board Member VII highlights that the duties of BPK certainly do not stop after the audit reports are submitted. It otherwise will continue until the entity follows-up all the audit results.

“BPK therefore hopes commitment the entity to follow-up the audit results,” explained Board Member VII at the audit reports submission attended by Director General of Audit VII, Novy G.A Pelenkahu, Director of Finance of PT. Pertamina, Emma Sri Martini, and all officials of BPK and PT. Pertamina.

On this opportunity, Board Member VII appreciates some achievements done by Pertamina, one of which is the implementation of digitalization program for distribution of fuel (Bahan Bakar Minyak/BBM) and right targeted subsidies at all petrol stations (Stasiun Pengisian Bahan Bakar Umum/SPBU).

“By implementing the program, it is expected that it can improve the accuracy of subsidized fuel distribution to the public,” he said.

Along with the audit reports, Board Member VII also leads entry meeting for audit of PBI at PT. Pertamina Hulu Energi, PT. Kilang Pertamina Internasional, and PT. Pertamina Patra Niaga and other relevant institutions.

“We hope communication between auditors and all parties present here can run well and effectively. We both carry out our duties and responsibilities in accordance with our respective authorities. We therefore need to work together in order to improve state financial management and for the sake of nation and state,” he concluded.