By Chris Lang Three weeks ago, Blackmore Bond’s mini-bond investment scheme collapsed into administration. The Financial Conduct Authority was warned three years ago about one of the boiler room operations that was cold calling pensioners to persuade them to invest in Blackmore Bond. But the FCA took no action.
Tag: Tax havens
Indonesia’s Katingan REDD project sells carbon credits to Shell. But that doesn’t mean the forest is protected. It’s threatened by land conflicts, fires and a palm oil plantation
By Chris Lang The Katingan Peatland Restoration and Conservation Project covers an area of about 150,000 hectares in Central Kalimantan, Indonesia. The project was created in 2007 by an Indonesian company called PT Rimba Makmur Utama. The director of the company is Dharsono Hartono.
Carbon offsets and tax havens: ClimateCare, Bunge, and Tricorona
By Chris Lang Tax havens exist so that individuals and corporations can avoid paying income taxes. Registering a company in a tax haven is not illegal. Just a way of avoiding paying tax.