Quote, "... a barren wasteland covered in grass and weeds with cattle roaming through the rows of dead and struggling saplings ... ... as a Managed Investment Scheme (MIS), this plantation appears to be nothing but a bogus tax minimisation scheme that risks ripping off its investors."
This is a worst kind of nightmare for most of both growers and shareholders.
But I reckon many people were awear of this kind of fraud a long time ago. This was why JY would "retire" from CEO, GTP would have a "strategic review" and the government would try to shut down the MIS (the "non-forest" part at least).
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failed tree farm under investigation, page-2
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