Business

KPPU investigates Chevron
tender

The Business Competition Supervisory Commission (KPPU) is investigating a tender conducted by Chevron Pacific Indonesia.

KPPU acting spokesman Zaki Zein Badron said the commission had noted potential indications of unfair practices in a tender for the Chevron-operated Gendalo-Gehem project in the Makassar Strait.

The investigation being carried out is a KPPU initiative, Zaki said.

“We have found [potential] indications of violations [of articles under the 1999 Law on the prohibition against monopolitistic practices and unfair business competition] governing tenders and market controls that discriminate against other business institutions," Zaki said as quoted by kontan.co.id.

The commission plans to summon all related parties involved the tender in 90 days for investigation purposes, he added.

Chevron Pacific Indonesia president director Abdul Hamid Batubara said his firm had followed the rules in carrying out the tender.

He added that Chevron would be ready to face legal processes based on the KPPU finding.

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