The Durban Declaration on Carbon Trading revisited, 16 years later.
Category: South Africa
EcoPlanet Bamboo’s investors were “significantly let down”
Troy Wiseman’s conflicts of interest are at the centre of the unravelling of the EcoPlanet Bamboo investment scheme.
An update on EcoPlanet Bamboo, Eco Resources Fund, and Premier Group (Isle of Man) Ltd: “Substantial recovery of value from the plantations may be unlikely”
The Eco Resources Fund was launched in July 2012 in the Isle of Man. Via a special purpose vehicle called ERF Limited, the Fund invested in bamboo plantations in Nicaragua and South Africa. The bamboo plantations are run by EcoPlanet Bamboo.
Premier Group (Isle of Man) Ltd goes into liquidation. Inspector appointed to investigate Eco Resource Fund. What next for Troy Wiseman and EcoPlanet Bamboo?
EcoPlanet Bamboo runs bamboo plantations in Nicaragua, South Africa and Ghana. A UK company called EcoPlanet Bamboo (UK) Ltd sold “bamboo bonds” with a promise of “a 500% return on investment over a 15 year period” on an investment of US$50,000. But in December 2015, EcoPlanet Bamboo wrote to bondholders to tell them that their…
Lochwood Capital: “Your site has comments sections which defame one of my employees”
Lochwood Capital is a company that was registered in the UK on 29 July 2011. Back then, the company’s name was Infinitas Investments Limited. It was registered in the name of Barbara Kahan, who was 80 years old at the time.