Southeast Asia's Palm Oil Scandal: Potential Impact on US and European Banks

Discover how environmental investigations in Indonesia could put pressure on global financial institutions. Recently, the Indonesian Corruption Eradication Commission (KPK) has turned its attention to Riau Province.Although this audit appears to be concealed from the public, it is suspected to target the palm oil sector.According to data from Forest & Finance, US and European financial institutions have become dominant investors and creditors in Indonesia's palm oil industry.This analysis explores the potential risks and impacts on major financial institutions. Next (Premium Konten)