Sunday, September 30, 2012

ADOS projects in palm oil plantations?

Does Standcom know that ADOS is involved in palm oil plantations and if so how is this business done and are all profits accounted for in the ADOS accounts?

How many acres are involved?
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2 comments:

  1. MIGS-SABAHOctober 6, 2012 at 8:26 AM

    I have received very detailed information about this venture..

    Let those around him tell us where has all those money gone?

    I don't see any income of the this venture in 2011 and 2012 and what happened then???

    ReplyDelete
  2. MIGS-SABAHOctober 13, 2012 at 5:06 AM

    It is estimated that at least RM270,000 per year of income of palm oil based on RM500 per ton. Obviously it is much more in price.

    So over 6 years, a few millions Ringgit could be lost in the ADOS account.

    Did the audit see this income in ADOS accounts since 2006?

    These plantations were started much earlier and ready for harvest since 2996.

    Can the new and old treasurer explain this scenario?

    ReplyDelete

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