Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3891

Deal #3891 Version #64507

Colombia

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Created at

2013-07-05

Last update

2019-06-28

Last full update

2023-08-22

Overall comment

An investigation by the Colombian House Representative, Wilson Arias, revealed that Riopaila Ingenio Castilla SA rented 42,000 hectares of land in the Vichada, from 27 societies formed to buy the land with loans given for Riopaila, and these new 27 companies will "return the favor" by renting the land back to Riopaila for 30 years by an amount equal to the value of the area.