A company called Radley Ventures Nominees is involved in selling shares in Med Cell Plc, a UK registered company linked to a stem cell research company in the Bahamas. REDD-Monitor has seen a copy of Radley Ventures Nominees’ “Confidential Private Placement Agreement”. Needless to say, this so-called “investment” raises plenty of red flags.
Michael Nascimento has been sentenced to 13 years in jail for his role in a series of boiler room companies.
Between July 2010 and April 2014, the scammers cold called members of the public promoting investment schemes in Madeira. They promised guaranteed returns of between 125% and 228%, and convinced more than 170 people to hand over a total of more than £2.8 million. Of course, no one who invested ever saw any returns.
“Early evidence from REDD+ projects suggests major challenges, including: ongoing weak enforcement of domestic laws on forests and land, leading to limited effectiveness; contestation or conflict over property rights and community benefits; as well as securitisation and violence, often perpetrated by government agencies.”
Harold Tjiptadjaja is Managing Director and Chief Investment Officer of Indonesia Infrastructure Finance, an institution created by the World Bank, the Asian Development Bank, and Indonesia’s Ministry of Finance. IIF funds oil and gas projects, airports, toll roads, seaports, and power generation, among other things.
This week Eco-Business reported Tjiptadjaja as saying that “Deforestation poses a bigger problem for the climate than burning coal in Indonesia”.
The UNFCCC recently released a video titled “Keep calm and offset”. The basic premise is that we don’t need to stop driving, flying, or eating meat. We just need to buy carbon credits.
“A global crisis is unfolding. The rapid expansion of development projects on indigenous lands without their consent is driving a drastic increase in violence and legal harassment against Indigenous Peoples.”
In the last few weeks, California’s governor Jerry Brown has received two letters about climate change. One recommends that he should take meaningful action on climate change. The other recommends that he should provide a loophole to allow the oil industry to continue polluting.