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MAKI reports 9 firms to KPPU over cooking oil cartel

Tempo - April 1, 2022

M Rosseno Aji, Jakarta – The Indonesian Anti-Corruption Community (MAKI) reported nine companies exporting crude palm oil (CPO) and cooking oil, as well as one foreign company buying CPO, to the Business Competition Supervisory Commission (KPPU).

MAKI suspected that massive exports of cooking oil conducted by the nine companies caused a shortage of the commodity in Indonesia.

"The massive exports by the nine companies are suspected to be the cause of the supply shortage and the expensive price of cooking oil," said MAKI Coordinator Boyamin Saiman in a written statement, Friday, April 1.

MAKI hoped that if they are proven to have committed cartel practices, KPPU can confiscate all of their profits.

Boyamin recalled that KKPU during a working meeting with the House of Representatives (DPR) Commission VI suspected a monopoly cartel in the CPO and cooking oil trade. KPPU also stated that it had conducted an investigation based on one direct evidence of the alleged cartel practices.

The nine companies reported by MAKI are identified as PT PA; PT. EP; PT PI; PT BA; PT IT; PT NL: PT TJ; PT. MS; and PT SP. Meanwhile, the buying company is based in one of the Southeast Asian countries, namely VODF PTE LTD.

According to Boyamin, MAKI has submitted the report via electronic mail and planned to make a written report and complete the evidence to be submitted to KPPU.

Source: https://en.tempo.co/read/1577325/maki-reports-9-firms-to-kppu-over-cooking-oil-carte