PT Antam Tbk is one of the largest mining companies in Indonesia. Indonesia, engaged in mining various types of minerals, with one of its main focuses is nickel mining PT Antam Tbk owns several mining company units in various locations in Indonesia, including Nickel Mining Business Unit (UBPN) in North Konawe, Southeast Sulawesi. There are 4 violations committed under the agreement to carry out unlawful mining in the WIUP of PT Antam Tbk.
Keywords : PT. Antam Tbk , Professional Ethics.
Â
The case involved the granting of unauthorized mining permits to 38 companies in areas permitted for PT Antam's mining operations, resulting in state losses of IDR 5.7 trillion. that there were violations of the accounting profession's four ethical principles of integrity, objectivity, competence and professional prudence, and professional conduct. This case demonstrates serious breaches in corporate governance and business ethics at one of Indonesia's largest mining companies, resulting in significant losses to the state and undermining public confidence in the mining industry and the accounting profession.
 In today's era of globalization, wealth is often considered a measure of one's success. However, the way of acquiring such wealth is not always in line with the prevailing ethics and laws. One phenomenon that remains a serious problem in many countries, including Indonesia, is corruption. Not only is the country's economy harmed by corruption, but it can also damage the social and economic order of a nation.
The accounting profession has a crucial role in maintaining the financial integrity of an organization or company. As a result, the ethics of the accountant profession are very important to comply with. However, in practice, there are still cases of violation of professional ethics involving accountants, one of which is the corruption case that occurred at PT Aneka Tambang Tbk. the verdict imposed on the defendants, as well as analyzing violations of the ethical principles of the accounting profession that occurred.
The corruption case that occurred at PT Antam Tbk showed a serious violation of the ethics of the accounting profession. Based on the analysis conducted, there are four ethical principles of the accountant profession that were violated in this case:
1. Integrity PT Antam violated the principle of integrity by approving illegal mining business licenses. This action is contrary to the honest and open attitude that a professional accountant should have. As a result, the state suffered a loss of Rp 5.7 trillion.
2. Objectivity The principle of objectivity was violated because there was favoritism between PT Antam's accountants and other people which caused state financial losses. This shows that decision making is not done objectively and independently.
3. Professional Skills and Prudence PT Antam's accountants did not demonstrate sufficient professional talent and prudence. This can be seen from the action of granting illegal mining licenses to 38 Companies without conducting proper risk assessment and due diligence.
4. Professional Behavior The acts of corruption committed clearly violate the principles of professional behavior. This not only violates applicable laws, but also damages public trust in the accounting profession.
This case demonstrates the importance of consistently applying professional ethics in accounting practice. Ethical violations not only impact the individuals or companies involved, but also the accounting profession as a whole and the wider public interest.
To prevent similar cases in the future, it is necessary to strengthen internal and external supervision systems, as well as increase awareness of the importance of professional ethics among accountants. Continuous ethics training and strict enforcement of sanctions against violations of professional ethics also need to be improved. In addition, this case also shows the importance of the whistle-blower's role in exposing unethical practices in the company. Therefore, there needs to be adequate legal protection for whistle-blowers and an effective reporting system within the organization.
Based on the journal you submitted, I will provide some background on PT Antam Tbk and the crux of the corruption case:
The corruption case involving PT Antam Tbk centers on illegal mining activities in the company's Mining Business License Area, specifically in Mandiodo Block, North Konawe Regency, Southeast Sulawesi. Below are the main points of the case:
1. Illegal permit granting: General Manager of PT Antam's Nickel Mining Business Unit in North Konawe, Hendra Wijayanto, gave approval to conduct unlawful mining to 38 companies in PT Antam's WIUP.
2. Contract abuse: The companies granted licenses should have only rented heavy equipment, but they carried out illegal mining.
3. State losses: This act of corruption resulted in state losses of IDR 5.7 trillion.
4. Illegal sales: Nickel ore mining products were illegally sold using fake documents, as if they did not come from PT Antam's territory.
5. Court verdicts: The four main defendants have been convicted by the Kendari District Court with prison sentences ranging from 4 to 7 years, as well as fines and restitution obligations.
6. Violation of professional ethics: This case violated several ethical principles of the accounting profession, including integrity, objectivity, expertise and professional prudence, along with professional conduct.
     In conclusion, the PT Antam Tbk case is an important lesson about the consequences of violating the ethics of the accounting profession. It emphasizes the need for a strong commitment to integrity, objectivity, competence, and professional conduct in accounting practice to maintain public trust and prevent state losses. The PT Antam Tbk corruption case is clear evidence that violations of the ethics of the accounting profession can have very serious impacts, not only for the companies and individuals involved, but also for the state and society at large. Large-scale acts of corruption such as this harm not only state finances, but also damage public confidence in the mining industry and the accounting profession. This case reaffirms the importance of consistently upholding the ethical principles of the accounting profession in every business activity.
Author : Rizki Arfandi Uke and Ignatius Hapiktoran Roy Pandapotan Nainggolan
