Company Assets Considered Missing, Here's The ID FOOD Response

Photo: Doc. ID FOOD

JAKARTA - ID FOOD ensures that the follow-up of the Audit Result Report (LHP) of the Supreme Audit Agency (BPK) is related to 147 assets whose status is currently not fully managed by the company. These efforts are carried out through security measures, including by taking over according to the applicable laws and regulations.

This was emphasized by VP Corporate Secretary ID FOOD Yosdian Adi Pramono, Thursday, January 23, in Jakarta. According to him, BPK's findings are the company's main focus, because ID FOOD is currently intensively optimizing assets to support food self-sufficiency strategic programs.

"We welcome the BPK LHP as a basis for improving asset management in the company. Of course this is in line with the direction of the Ministry of SOEs to strengthen Good Corporate Governance (GCG) and improve ID FOOD performance," he said.

Yosdian explained that the 147 assets that BPK found were the results of an examination in the 2021 Financial Year to the first semester of 2023. According to him, the majority of asset conditions that were not yet clean or clear occurred before the formation of the Food SOE Holding.

"With the establishment of the ID FOOD Food Holding in 2022, we are optimistic that the asset handling process that is the finding can be maximized. Given, after the consolidated asset management holding in ID FOOD, the security process can focus more on more systematic and integrated steps in all subsidiaries," he explained.

According to Yosdian, as a form of follow-up to the findings, ID FOOD has mapped in detail the 147 assets according to their respective conditions or cases. The security process is carried out in stages according to the planned and budget that has been prepared.

"Each asset point has been grouped by category, so that it can be followed up through a different action plan. This is to ensure that the handling is carried out effectively and on target," he said.

Regarding the alleged loss of assets, Yosdian ensured that the assets were not lost or lost, because physically their existence could be proven and their records could be checked in the company's database or the National Land Agency (BPN). These assets are recorded in the company's bookkeeping. All asset profiles are well documented point by point and stored digitally in the company's asset application system," he explained.

Yosdian added, with good recording and documentation of these assets, his party can prepare an action plan for controlling assets in detail and specifically.

"So once again the asset is not lost. It can be proven through historical documentation in the internal company and BPN. It can be checked that it is true that it is still an asset belonging to ID FOOD," he reiterated.

Yosdian further explained, to oversee the asset security process, ID FOOD formed a task force or task force tasked with overseeing the execution process starting from data collection, legal aspects, as well as institutional relations and community relations.

"This Task Force team will also carry out an action plan to secure assets that have been prepared, including re-control efforts," he said.

Regarding the action plan being implemented, according to Yosdian, for company assets that are still controlled by the government or other SOEs, clarification and validation steps are taken with the relevant SOEs and the National Land Agency (BPN).

"Against assets controlled by other SOEs, we also apply for mediation through the Ministry of SOEs. Meanwhile, for assets controlled by other agencies or institutions, we will mediate through the Indonesian Attorney General's Office," he said.

Meanwhile, for the category of company assets that have not changed their rights because they are still occupied by former employees or individuals, the initial stage will be a voluntary emptying notification. If persuasive actions are not responded to, the company will send a summons and immediately carry out the execution of the emptying in coordination with the relevant agencies/institutions.

ID FOOD seriously ensures that every stage of the takeover of rights to these assets runs and is carried out 100% according to the timeline. This is important, considering this effort is a commitment to protect state assets so that they can be optimized for the greater public interest," he said.

He then mentioned that previously ID FOOD had also succeeded in taking steps to secure assets from 2021-2024, including the reinstallation of 2 company assets in the Asset Sector on Jalan Kepodang and Jalan Mpu Tantular, Semarang, in 2021. In January-April 2024, ID FOOD has also managed to regain 3 asset points in Semarang.

"The latest in August 2024, ID FOOD managed to regain 51 assets in the form of official houses that were previously inhabited by other parties, in Kalibata Jakarta. With this security, the company can optimize it for the development of the company's food business," he explained.

Yosdian hopes that the asset security efforts that are being boosted will receive support from the company's ministries and stakeholders. He admitted that he had coordinated with shareholders (Ministry of SOEs), the Financial and Development Supervisory Agency (BPKP), and the Indonesian Attorney General's Office to get directions regarding the resolution of problems related to fixed assets.

"We are also ready to explain to stakeholders, including Commission IV and Commission VI of the DPR RI as strategic partners of the company regarding the condition and position of the 147 ID FOOD assets. With the transparency and good faith of the company in making efforts to recover state assets, we hope to get the government's full support," he said.