Home » Posts tagged with "Missapropriated assets"

Billionaires on our money (II)

Another method used in misappropriating public assets is the under-appraisal of companies, which allows for State-run businesses to be taken over for chicken feed. The modus operandi is quite simple. The targeted company is under-assessed (either through flawed management, which buries the company in debts, or by using the accounting value rather than the market value of assets as a starting point),... 
© 2010 REVISTA CADRAN POLITIC · RSS · Designed by Theme Junkie · Powered by WordPress