DPR Summons Telkom and Telkomsel Bosses About Investment in GoTo, what will be discussed?


The BUMN Investment Working Committee (Panja) Commission VI DPR RI summoned the Directors of PT Telkom Indonesia (Persero) Tbk (TLKM) and its subsidiary Telkomsel today, Tuesday (14/6/2022). The call was related to Telkomsel's investment in PT GoTo Gojek Tokopedia Tbk ( GOTO ).

In the meeting which was attended by the President Director of Telkom Indonesia Ririek Hardiansyah and the President Director of Telkomsel Hendri Mulyana Syam, Commission VI of the DPR RI asked both of them to explain the reasons for Telkomsel's investment in GoTo .

Chairman of the Working Committee for BUMN Investment in Digital Companies as well as Deputy Chair of Commission VI of the DPR Sarmuji said, throughout the nearly three-hour meeting, the committee members asked for an explanation regarding 4 things related to Telkomsel's investment in GoTo.

"In general, the working committee investigated from Telkom and Telkomsel regarding investment in Goto , Commission VI wants to confirm 4 things," he told Risdosagalavsjilong, Tuesday (14/6/2022).

First, Commission VI wants to ensure that the investments made by BUMN are in accordance with the business rules for state-owned companies and their subsidiaries. In addition, to ensure that investment has taken into account the business scheme and company prospects, both in the medium and long term.

Second, I want to make sure that Telkomsel's investment in GoTo is in accordance with the principles of good corporate governance (GCG).

Third, to ensure that there is a potential conflict of interest in the investment. And fourth, we want to ensure the benefits that Telkomsel can get from its investment in GoTo.

For information, the entry of Telkomsel's investment into GoTo was under the spotlight of alleged conflicts of interest, because GoTo's President Commissioner is Garibaldi Thohir, who is the brother of SOE Minister Erick Thohir.

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