Investigators discovered that top managers signed fictitious agreements to buy land for a total of 20 billion rubles, and that the money was later transferred to shell corporations before disappearing.
Transcript of a webinar with Dr. Claire Schaffnit-Chatterjee, Senior analyst,
Deutsche Bank Research and Michael Schneider, Director, Head of Environmental & Social Capital Deutsche Bank AG, Deutsche Asset & Wealth Management
European banks and pension funds continue to finance one of the largest and most destructive palm oil giants Wilmar International, according to new research released today by Friends of the Earth Europe.
Two Vietnamese firms bankrolled by Deutsche Bank and the International Finance Corporation – the World Bank's private lending arm – are leading a wave of land grabs in Cambodia and Laos, causing widespread evictions, illegal logging and food insecurity, according to a report.
Duxton Asset Management has bought more than 800 hectares of Australian fruit orchards for a discount of more than 50 per cent from receivers of failed managed investment scheme Rewards Group and listed land owner Ark Fund.