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Environmental, Campaign & Website News > Fraud allegations against Indonesian palm oil giant widen, tarnishing auditors and sustainable palm oil initiative

Fraud allegations against Indonesian palm oil giant widen, tarnishing auditors and sustainable palm oil initiative

Date : 19th August 2010, Source : Mongabay



Sinar Mas, an Indonesian conglomerate whose holdings include Asia Pulp and Paper, a paper products brand, and PT Smart, a palm oil producer, was sharply rebuked Wednesday over a recent report where it claimed not to have engaged in destruction of forests and peatlands. At least one of its companies, Golden Agri Resources, may now face an investigation for deliberately misleading shareholders in its corporate filings.

http://news.mongabay.com/2010/0818-sinar_mas_fraud.html





Document last updated on Tuesday 30 August 2011

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