Without independent oversight and a transparent framework to guide Temasek’s investments, it is hard to tell whether the purchase of Olam is a purely economic investment decision or a politically motivated face-saving exercise. If Temasek followed the vastly superior Norwegian sovereign fund model such questions could never occur since a full takeover of a failing company would not be possible. But without such transparency, we are just left wondering as to the true reasoning.
Posted on: Sun, 23 Mar 2014 14:34:27 +0000
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