KONTAN.CO.ID - JAKARTA, March 2 - Indonesia has seized 5 million hectares of palm oil plantations and industrial forest concessions that have been accused of legal violations, with more than 100 companies fined, a spokesperson with the country's forestry task force said on Monday. Last year, the forestry task force, which comprises the military, the police and state prosecutors, took over 4.1 million hectares said to be operating illegally in forest areas, targeting major palm oil companies and smallholder farmers alike. Baca Juga: Asian Assets Slide as Mideast Strikes Spark Oil Spike, Haven Rush
Indonesia has Seized 5 Million Hectares of Palm Oil Plantations, Task Force Says
KONTAN.CO.ID - JAKARTA, March 2 - Indonesia has seized 5 million hectares of palm oil plantations and industrial forest concessions that have been accused of legal violations, with more than 100 companies fined, a spokesperson with the country's forestry task force said on Monday. Last year, the forestry task force, which comprises the military, the police and state prosecutors, took over 4.1 million hectares said to be operating illegally in forest areas, targeting major palm oil companies and smallholder farmers alike. Baca Juga: Asian Assets Slide as Mideast Strikes Spark Oil Spike, Haven Rush