KFTD Establishes Gratification Control Unit to Mitigate Corruption Risk
PT Kimia Farma Trading & Distribution (KFTD) as part of Kimia Farma Group has taken a significant step in its dedication to ethical business practices by establishing a Gratification Control Unit (GCU). This specialized unit is leading KFTD’s anti-corruption efforts, aiming to prevent bribery and uphold transparency in its operations.
Key Functions of the GCU
The Gratification Control Unit (GCU) plays a critical role in protecting KFTD’s integrity. Its main functions include identifying and prohibiting inappropriate gratuities, such as those related to job positions, violating company policies, conflicting with ethics, creating conflicts of interest, or being excessive.ย
The GCU is responsible for receiving and processing reports of gifts or benefits from all employees. After thorough analysis, the GCU provides recommendations to the unit’s head. To ensure transparency and accountability, the GCU securely stores reported gratuities until a final decision is made. Additionally, the unit collaborates with the Corruption Eradication Commission (KPK) and guarantees the safety of employees who report potential misconduct.
Gratuities Reporting Procedures
The KFTDโs Gratification Control Unit defines and prohibits gratuities that are:
- Job-related
- Against company policy or the law
- In conflict with the company’s code of ethics
- Creating a conflict of interest
- Inappropriate or excessive
Employees can report gratuities in writing or by email to [email protected] . The report should include details of the gift and the giver. The GCU may request additional information or documentation. Both the giver and receiver of a gratuity, who are considered bribes, can face legal consequences.
The establishment of the GCU is a testament to KFTDโs commitment to ethical business conduct. By prioritizing transparency, accountability, and compliance, KFTD sets a positive example for the industry and reinforces its position as a trusted partner, specifically in the healthcare sector.
As the GCU continues to evolve and adapt to emerging challenges, KFTD remains firm in creating a corruption-free environment. Through a proactive approach and dedication, KFTD showcases its leadership in promoting good corporate governance and upholding the highest ethical standards.