Mitra Adiperkasa (MAPI) Addresses KPK Examination of General Manager
Table of Contents
- 1. Mitra Adiperkasa (MAPI) Addresses KPK Examination of General Manager
- 2. Details of the Summons
- 3. MAPI’s Involvement and Sponsorship
- 4. Company’s Response and Compliance
- 5. No further Communication
- 6. Implications and Analysis
- 7. Moving forward
- 8. how do companies ensure sponsorships are conducted responsibly and transparently, balancing industry support with ethical standards?
- 9. Mitra Adiperkasa (MAPI) Addresses Recent KPK Inquiry: An Exclusive Interview
Jakarta, [Current Date] – PT Mitra Adiperkasa Tbk. (MAPI) has publicly addressed reports that the Corruption Eradication Commission (KPK) questioned their General Manager,Irla Mugi Prakoso,regarding an alleged gratification case linked to Mohammad Haniv,a suspect from the Directorate General of Taxes (DG Tax) at the Ministry of Finance.
the company confirmed that irla Mugi Prakoso was indeed summoned by the KPK. “Brother Irla Mugi Prakoso as the Company’s General Manager, has received a summons issued by крк with SPGL/1092/DIK number. (5/3),” the management stated.
Details of the Summons
The KPK summoned Prakoso as a witness in the ongoing investigation of Mohamad Haniv, a civil servant at the Directorate General of Tax of the Ministry of Finance. Prakoso complied with the summons on February 26, 2025.
Specifically,the inquiry pertains to a sponsorship request received by MAPI from the Fashion Pour Homme brand in 2016. This request was for the annual Plaza Indonesia Men’s Fashion Week (PIMFW).
MAPI’s Involvement and Sponsorship
MAPI explained its decision to grant the sponsorship: “Taking into account the commitment of the Company and its business children to support the progress of the Indonesian fashion and lifestyle world and in line with one of the company’s business fields in the field of fashion and lifestyle, the request for sponsorship proposals submitted by the Pour homme fashion brand was approved by the company by giving sponsorship of Rp50,000,000.”
In return for the sponsorship, MAPI received an invitation to attend PIMFW. This aligns with standard practices for corporate sponsorships of public events. Companies frequently enough provide financial support in exchange for visibility and brand association.
Company’s Response and Compliance
MAPI emphasized its commitment to openness and cooperation with the KPK. “Management emphasized that MAPI was cooperative with, and Irla Mugi Prakoso as the Company’s General Manager had given all the details requested by the KPK investigator in accordance with the actual situation,” the company stated.
Furthermore, management clarified that “in this case there were no special steps taken by the company related to the examination conducted by the KPK. The Company always complies with every tax regulation that applies and binds the Company.” This statement underscores MAPI’s adherence to legal and regulatory requirements.
The company views this transparency as crucial given its status as a publicly listed entity. “This is done by the Company as a form of company accountability to all shareholders including public shareholders considering the Company’s status which is a company recorded in the IDX development related to the inspection until now,” MAPI explained.
No further Communication
as of the statement, MAPI had not received further communication from the KPK following the February 26, 2025, inquiry.
the company maintains confidence that it can uphold its reputation as a responsible corporate citizen. The Company also believes that the Company still maintains the company’s good image and branding as a company recorded on the IDX that runs its business activities by complying with the applicable laws and regulations.”
Implications and Analysis
this situation highlights the increasing scrutiny on corporate sponsorships and financial dealings in Indonesia. Companies must ensure all sponsorships are clear, properly documented, and aligned with ethical business practices. The KPK’s investigation serves as a reminder of the importance of compliance and accountability in the corporate sector. Experts recommend that companies conduct thorough due diligence on all sponsorship recipients and maintain detailed records of all transactions.
Investors and stakeholders will be watching closely to see how this situation develops. While there are no indications of wrongdoing on MAPI’s part,the investigation could still have reputational implications. A proactive and transparent approach to addressing the issue is crucial for maintaining investor confidence.
Moving forward
MAPI’s prompt response to the KPK’s inquiry and its commitment to transparency are positive steps. However, the company must remain vigilant in ensuring that all its operations adhere to the highest ethical standards. For investors, this event serves as a reminder of the complexities and potential risks associated with investing in emerging markets, where regulatory oversight is evolving.
MAPI is cooperating fully with the KPK’s inquiry regarding a 2016 sponsorship. The company asserts its compliance with all applicable regulations and aims to uphold its reputation.Stay informed about this developing story and its potential impact on MAPI and the broader Indonesian corporate landscape.
how do companies ensure sponsorships are conducted responsibly and transparently, balancing industry support with ethical standards?
Mitra Adiperkasa (MAPI) Addresses Recent KPK Inquiry: An Exclusive Interview
Archyde News recently spoke with Dr. Anya Sharma, a Senior Partner at integrity Governance Consulting, specializing in corporate compliance and risk management in Indonesia, to discuss the recent KPK examination of Mitra Adiperkasa (MAPI).
Archyde News: Dr. Sharma, thank you for joining us.The recent news about the KPK (Corruption Eradication Commission) questioning MAPI’s General Manager regarding a 2016 sponsorship has raised some eyebrows. Can you put this into context for our readers?
Dr.Anya Sharma: Thank you for having me. The situation is that MAPI’s General Manager was questioned as a witness in an investigation involving a civil servant at the Directorate General of Taxes.The inquiry focused on a sponsorship MAPI provided to Fashion Pour Homme for the plaza Indonesia Men’s Fashion Week back in 2016. It’s crucial to remember that being questioned doesn’t necessarily imply wrongdoing; it’s part of the KPK’s investigative process.
Archyde News: MAPI has stated they cooperated fully and the sponsorship was given to support the Indonesian fashion industry.Is this type of sponsorship common practice, and what are the potential pitfalls?
Dr. Anya Sharma: Corporate sponsorships are absolutely common, particularly for publicly listed companies like MAPI that have a vested interest in supporting the industries they operate in. The potential pitfalls lie in ensuring complete transparency, proper documentation, and avoiding any perception of quid pro quo. Companies need to have clear policies and guidelines on sponsorship approvals and ensure all transactions are conducted ethically. Due diligence on the recipient organization is also crucial. This highlights the importance of compliance in corporate entities particularly those who are listed on the IDX.
archyde News: MAPI emphasized their adherence to tax regulations and compliance.In your experience,how seriously are Indonesian companies taking compliance in the current environment?
Dr. Anya Sharma: There’s been a significant shift in recent years. The KPK’s increased activity and the government’s focus on good governance have pushed companies to prioritize compliance. Companies are investing more in compliance programs, internal audits, and training. They understand that the consequences of non-compliance, both financially and reputationally, can be severe. MAPI’s emphasis on compliance is a positive sign and reflects this broader trend.
Archyde News: The news report mentions the lack of further dialog from the KPK. What does this typically indicate at this stage?
Dr. Anya Sharma: It could mean a number of things. It could indicate that the KPK has obtained the facts they needed from MAPI and are moving forward with other aspects of the investigation. or, it could mean the inquiry related to MAPI is on hold pending further developments in the broader case. Without more specific information, it’s tough to draw a definitive conclusion. The important thing is for MAPI to remain cooperative should the KPK require further assistance.
Archyde News: Given this situation, what steps should companies like MAPI take to maintain investor confidence and protect their reputation moving forward?
Dr. Anya Sharma: Transparency is key. MAPI has already taken a good first step by publicly addressing the inquiry. They should continue to proactively communicate with their stakeholders, especially investors, and provide updates as appropriate, while respecting the confidentiality of the ongoing investigation and the KPK’s procedures. Reinforcing their commitment to ethical buisness practices and good governance will also be crucial. Regular internal audits and reviews of their compliance programs can further demonstrate their commitment.
Archyde News: This is a complex situation. Considering the global business landscape and the increasing emphasis on corporate accountability,what advice would you give to investors analyzing companies perhaps involved in similar situations?
Dr. Anya Sharma: Investors need to look beyond the headlines. They should assess the company’s track record on corporate governance, their commitment to compliance, and their response to the situation. Have they been obvious and cooperative? do they have robust internal controls? Are they proactively addressing the concerns raised? A company’s response to a crisis,like this KPK inquiry,can be more telling than the initial event itself.
Archyde News: a thought-provoking question for our readers – Considering the balance businesses must strike between supporting their industries and maintaining ethical standards, what specific policies or practices do you believe are most effective in ensuring sponsorships are conducted responsibly and transparently? Share your thoughts in the comments below. Thank you, Dr. Sharma, for your insightful viewpoint.
Dr. Anya Sharma: My pleasure.Thank you for having me.
