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JAKARTA - PT Waskita Beton Precast Tbk (WSBP) fully supports and fully submits the law enforcement process by the Attorney General's Office regarding alleged criminal acts of misuse of funds in 2016-2020. In fact, the company's management will be cooperative and open by providing access for the AGO to obtain the data, information and information needed.

As conveyed by Waskita Beton's Corporate Secretary Fandy Dewanto in the disclosure of information to the Indonesia Stock Exchange (IDX), quoted on Wednesday 15 June. "The law enforcement process by the AGO is part of the process of improving corporate governance," said Fandy.

As is known, the AGO has established an 'investigation' status for alleged criminal acts of misuse of funds in 2016-202 with the issuance of the Special Director's Investigation Order (Jampidsus) Number: Print-24/F.2/05/2022 dated 17 May 2022.

There are five cases that fall within the scope of the AGO's investigation. Among them:

1. The Krian – Legundi – Bunder – Manyar Toll Road construction project;2. Tetrapod supply project for Ants Tama Langgeng PTE, Ltd.;3. Material Procurement from PT Misi Mulia Metrical;4. Material procurement from PT Mitra Usaha Rakyat; 5. Acquisition or Sale/Buy Land for Plant Bojonegara, Banten;

Fandy also ensured that management will provide legal assistance in the form of assistance for company personnel who are asked for information by the AGO. As well as taking decisive steps to improve and strengthen the implementation of GCG principles and corporate risk management.

As for Fandy, there is no financial and operational impact on the company due to this case.


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