Ex Indonesian trade minister calls on S'pore to scrutinise S'pore companies that control land concessions
This is the latest in Lutfi’s string of claims against Singapore which also includes allegations that GIC and Temasek pressured MSCI to threaten to downgrade Indonesia’s stock market status.
Former Indonesian trade minister Muhammad Lutfi has urged Singapore to investigate local companies linked to Indonesian land concessions implicated in the severe haze affecting the city-state. In a social media post, Lutfi called on authorities to scrutinise Singapore-based decision-makers and businesses that may be involved in the forest fires, citing evidence that four of the seven Indonesian companies responsible for the haze are suppliers to Singapore-listed corporations.
Singapore's National Environment Agency has issued Preventive Measure Notices to 10 Indonesian companies whose concession land fires may have contributed to the haze, requiring them to take measures to extinguish the fires and prevent recurrence. Singapore authorities are also investigating the corporate structures and decision-makers behind these companies, emphasizing that businesses cannot hide behind complex corporate entities.
Brief written by urgent.news from Mothership's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
