KFTD Performs Its Due Diligence to Enforce Its Anti-Bribery Policy

Bribery is a serious offense that can jeopardize a companyโ€™s reputation and reliability. That is why specific guidelines are implemented to prevent Bribery. All personnel of Kimia Farma have to understand and implement these guidelines in line with the good corporate governance implemented by the company.

KFTD performs its due diligence to ensure that these guidelines are enforced. Here are how they ensured that these guidelines are followed:

  • Provisions and requirements that prohibit accepting gratification must be mentioned in every announcement during the process of procuring goods and services.
  • All functions that are directly related to vendors, suppliers, and third parties must submit a Circular regarding the prohibition on accepting or giving gratification.
  • Assign all Corporate Functions and Operational Functions to socialize that KFTD has implemented guidelines for receiving and giving gratification to all related parties.
  • Assign the Compliance and Risk Management Unit to monitor the implementation of the guidelines and provide periodic reports every three months to the President Director regarding the implementation.

To avoid possible Legal Issues that potentially occur in KFTD, all personnel must report any gratification processes. This report must be submitted by personnel who reject, accept, or give gratification. To ensure accuracy and reliability, the report must have complete information, including the form or type of gratification process, the name of the people giving the gift, and the time when this happens.

It is important to make sure that all employees understand these guidelines and implement them in everyday operations, which is why KFTD performs its due diligence strictly. By implementing this Bribery policy, Kimia Farma Trading & Distribution will be able to maintain its reliability and reputation.