Indonesia's state-owned energy company Pertamina on Monday publicly apologised and pledged to improve the firm's governance after five executives at its units were arrested over alleged corruption involving oil imports.
"We will fix the loopholes that (the AGO) found, so that it would not affect the company or state budget negatively," Pertamina CEO Simon Aloysius Mantiri told reporters.
The company would work with the energy ministry to improve transparency, and continue to import crude oil and refined products to ensure energy security, he said.
Both also face charges of approving a decision to blend 88-octane gasoline, known as Premium, with Pertamax, which was then sold at the price of higher-octane fuel.
