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Wilmar denies rice quality fraud and price manipulation allegations by Indonesian authorities

Nicole Lim
Nicole Lim • 2 min read
Wilmar denies rice quality fraud and price manipulation allegations by Indonesian authorities
In May, Wilmar International paid IDR11.9 tril to the Indonesian Attorney General’s Office for “corrupt actions” during a shortage of cooking oil in the Indonesian market back in 2021. Photo: Bloomberg
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Wilmar International denies allegations that it has sold adulterated rice and says that it will continue to assist with the investigations to clear its name, according to a bourse filing dated July 24.

The group refers to recent media reports about Indonesian authorities investigating rice producers over alleged quality fraud and price manipulation. Jakarta Globe reported that 26 premium rice brands were being investigated, with Wilmar International named as one of the 26.

The allegations are that low quality rice is being sold as premium products at inflated prices. Wilmar says that certain employees of the group have been called up for questioning.

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