Item Details
Skip Navigation Links
   ActiveUsers:366Hits:20259385Skip Navigation Links
Show My Basket
Contact Us
IDSA Web Site
Ask Us
Today's News
HelpExpand Help
Advanced search

In Basket
  Article   Article
 

ID138555
Title ProperCatch and release
LanguageENG
AuthorSharife, Khadija
Summary / Abstract (Note)LONDON—James Carter, an investor who sank over $100,000 in several distressed ‘‘assets’’—carbon credits, land, palm oil—believes the companies had at least the appearance of legitimacy, or so the brokers of these deals assured him. Not far away from the pub in the well-heeled neighborhood of Mayfair where he’s sitting are the offices of several of these companies trading in lucrative investments, such as the Sierra Leone-based palm oil project. Well, so-called. Many are either virtual offices, or do not exist at all. These companies are shells, used merely as props, manned by nominee directors. Many have been dissolved or are inactive. Their websites are vague, providing no real detail. The companies have no bank accounts. The lease for the palm oil project is neither legally registered nor valid. Indeed, no palm oil plantation has ever existed at all.
`In' analytical NoteWorld Policy Journal Vol. 32, No.1; Spring 2015: p.86-107
Journal SourceWorld Policy Journal 2015-03 32, 1
Key WordsBritain ;  Aim ;  Palm Oil ;  Second Empire ;  GAF ;  Agri Capital ;  WAPO