Kimia Farma Trading & Distribution has established a set of operational procedures to control bribery. Based on the corporate’s risk assessment of the bribery system, these procedures mainly focus on preventing corruption practices, monitoring corporate governance, and mitigating undesirable changes that might be caused by dishonest actions.
With those purposes in mind, KFTD performs the operational procedures of the anti-bribery system, which includes the following steps:
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Anti-Bribery Due Diligence
In this process, KFTD performs a series of monitoring phases—including identification and verification—to make sure that bribery practices are controlled effectively. It starts by monitoring the human resources, business partners, and corporate activities with a high risk of bribery practices.
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Anti-Bribery Control
Operational anti-bribery management processes are followed by controlling high-risk aspects of the corporation, including financial and non-financial resources.
For financial control, KFTD monitors and verifies all recorded financial transactions between employees, clients, and business partners. Meanwhile, to control non-financial aspects, the company minimizes the risk of bribery practices by managing the regulation of operational activities such as supply, distribution, and commercial trade.
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Gratification Management
Gratification management is widely controlled by the company, as regulated by prevailing laws and regulations. This means that KFTD has a full right to manage the notion of gratification practices in any form. In controlling such a notion , the company always works on the principles of transparency, accountability, and independency.
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Gratification Report and Investigation
The system of anti-bribery culture is perfected by KFTD through the process of report and investigation. Similar to the control and management process, this phase is also run on the company’s transparent and accountable principles. Moreover, the company offers adequate protection for everyone reporting the gratification practices.
The operational procedures of anti bribery management system are performed to achieve the company’s vision of building good corporate governance. The system also proves that KFTD is a respected corporate which takes the anti-bribery commitment seriously, perfecting its service as the biggest medical and pharmaceutical distribution chain in Indonesia.