European Buyers Accused of Palm Oil Fraud
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Indonesian companies, accused of palm oil fraud, supplied fuel to European giants like Eni and Neste, bypassing millions in taxes. Despite these companies green promises, they accepted Pome-labeled shipments from accused firms. Eni and Neste deny direct contracts, while Neste tested samples, confirming waste, not pure palm oil. Indonesia arrested eleven for fraud, with three firms tied to Eni and Neste deliveries. Certifiers excluded some suspects, but others hold valid stamps, highlighting the need for stricter checks amid rising demand and Europes palm oil biofuel ban in 2030.
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