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Wilmar International Limited has addressed recent allegations regarding its export practices, stating that it has not received formal notification from Indonesian authorities. The company, known for producing consumer brands such as Sania, Fortune and Sovia, is currently under scrutiny following claims that it is among 10 major crude palm oil (CPO) exporters suspected of engaging in under-invoicing and transfer pricing.
“Wilmar ingin mengklarifikasi, kami belum menerima pemberitahuan resmi mengenai survei yang disebutkan dalam artikel tersebut,” the company’s management stated on Friday, May 29, 2026. Despite the lack of formal notice, Wilmar confirmed it is engaging with the government to address the authorities’ concerns.
Government Oversight of Export Practices
The investigation was brought to light by Minister of Finance Purbaya Yudhi Sadewa, who disclosed on Tuesday, May 26, 2026, that the government is examining data from the nation’s largest palm oil exporters. According to Purbaya, the government has observed a consistent pattern of behavior among major industry players regarding how they record export values.
When asked specifically if Wilmar and Musim Mas were included in the government’s list of scrutinized entities, Purbaya confirmed, “Itu dua betul.” He further noted that similar practices may extend beyond the top 10 firms, suggesting that the government is prioritizing larger entities to establish a clear picture of industry-wide compliance.
Potential Next Steps
As the investigation proceeds, Wilmar has indicated that it will issue further updates to the market if and when it receives official notification concerning the allegations. The government’s continued focus on the 20 identified companies suggests that more details regarding the scale of these alleged practices could emerge as the inquiry deepens. If the government determines that systematic under-invoicing has occurred, it may lead to stricter reporting requirements or administrative actions for the affected exporters.
Frequently Asked Questions
Has Wilmar International received a formal notice regarding the export investigation?
No. As of May 29, 2026, Wilmar stated that it had not received official notification regarding the survey or allegations mentioned in reports.
Which companies are currently under government investigation?
The government is investigating 20 companies in total, with a specific focus on the 10 largest crude palm oil exporters. Minister Purbaya Yudhi Sadewa confirmed that Wilmar and Musim Mas are among those on the list.
What specific practices are the companies accused of?
The companies are suspected of manipulating export records through under-invoicing and the use of transfer pricing to reduce the reported value of their exports.
How do you believe increased transparency in export reporting will affect the palm oil industry’s relationship with regulatory bodies?
