Regency of Tana Tidung Mediates Palm Oil Dividend Dispute, Plans External Audit for Transparency

Palm Oil Magazine
To resolve the palm oil dividend issue between PT. Pipit Citra Perdana (PCP) and Koperasi Menjelutung Perdana Lestari, the Regency of Tana Tidung facilitated a meeting to reach a final agreement. Photo by: Special

PALMOILMAGAZINE, TANA TIDUNG – To resolve the palm oil dividend issue between PT. Pipit Citra Perdana (PCP) and Koperasi Menjelutung Perdana Lestari, the Regency of Tana Tidung facilitated a meeting to reach a final agreement. According to Hardiani Yusri, Head of the Small and Medium Business, Trade, and Industry Agency, several unresolved issues regarding dividend allocation remain, and another meeting will be scheduled.

Previously, it was agreed that the Fishery, Food, and Agriculture Agency would oversee the plasma plantation’s development, ensuring better prospects for local villagers. A report revealed that plasma smallholders lost approximately Rp 2.1 billion in dividends between 2020 and 2023.

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Although operations continued in 2024, the cooperative took a more active role in cultivation, with a commitment to providing more accurate data. Additionally, it was agreed that an external audit would be conducted to assess the dividend distribution within the cooperative.

Also Read: Koperasi Plasma Menjelutung Halts Production, Urges Resolution of Business Surplus Issue with PT Pipit Citra Perdana

Along with the audit, the memorandum of understanding between the two parties will be revised based on the audit findings. The Regency of Tana Tidung is expected to actively facilitate the appointment of an external auditor to ensure transparency and accountability in resolving the issue.

“When the external auditors work, the union agreed to open the portal to the plantations and PT. PCP would operate in their plantations as usual,” the note of the agreement mentioned, as what Palmoilmagazine.com read, Saturday (5/10/2024).

The agreement should deliver clarification for both sides, optimize the economic advantages for the peole that involved as plasma smallholders. (P2)

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