Deal #3891
Colombia
Created at
2013-07-05
Last update
2023-08-22
Last full update
2023-08-22
Overall comment
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.