PT Asiatic Persada explained
PT Asiatic Persada is a palm oil firm from Jambi, Indonesia. It was founded in 1979.[1] Its oil palm plantations spread over an area of approximately .[2] Wilmar International has sold PT Asiatic Persada due to its alleged involvement in land grabs.[3] The forest of Bungku village was cleared for giant palm oil plantations of PT Asiatic Persada in the mid-1980s.[4] In the following years, the company’s bulldozers illegally claimed a further of rain forest — an area about half the size of Berlin, including areas for which indigenous peoples held guaranteed land rights.[5] Ganda Group, owned by Ganda Sitorus, the younger brother of Martua Sitorus, the co-founder of Wilmar International, bought PT Asiatic Persada in 2013.[6] In the same year, the governor of Jambi urged officials to review PT Asiatic Persada’s license because of violations of the law.[7] Copies of the letter were also sent to the Justice Ministry and the national police chief.[8]
Notes and References
- Web site: Stocks .
- Web site: Stocks .
- Web site: The Dirty Business of Palm Oil International Herald Tribune . www.iht.com . dead . https://web.archive.org/web/20140715002405/http://www.iht.com/2014/05/05/the-dirty-business-of-palm-oil/ . 2014-07-15.
- Web site: The Dirty Business of Palm Oil International Herald Tribune . www.iht.com . dead . https://web.archive.org/web/20140715002405/http://www.iht.com/2014/05/05/the-dirty-business-of-palm-oil/ . 2014-07-15.
- Web site: The Dirty Business of Palm Oil International Herald Tribune . www.iht.com . dead . https://web.archive.org/web/20140715002405/http://www.iht.com/2014/05/05/the-dirty-business-of-palm-oil/ . 2014-07-15.
- Web site: The Dirty Business of Palm Oil International Herald Tribune . www.iht.com . dead . https://web.archive.org/web/20140715002405/http://www.iht.com/2014/05/05/the-dirty-business-of-palm-oil/ . 2014-07-15.
- Web site: The Dirty Business of Palm Oil International Herald Tribune . www.iht.com . dead . https://web.archive.org/web/20140715002405/http://www.iht.com/2014/05/05/the-dirty-business-of-palm-oil/ . 2014-07-15.
- Web site: The Dirty Business of Palm Oil International Herald Tribune . www.iht.com . dead . https://web.archive.org/web/20140715002405/http://www.iht.com/2014/05/05/the-dirty-business-of-palm-oil/ . 2014-07-15.