Olam denies media reports of $68 billion Nigerian forex fraud
#3

Well a few years ago a short seller point out that Olam accounting got problems but Temasek came out to support the company.

I think the short sell is right. Olam grew by borrowing money to acquire companies in the end it has a big debt pile. The shortseller pointed out teb financial impact report for these acquisitions are too good to be true.

Here is shortseller report.

https://www.businesstimes.com.sg/muddy-w...ls-out?amp

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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