01/04/1995 The Indian Ocean Newsletter N°665

MADAGASCAR

FLAMCO'S FISCAL FIRMAMENT

Company director Raymond Morel is reported to have used company letterhead of the Liechtenstein-based Flamco AG and its subsidiary Flamco Madagascar to address a so-called "confidential" letter to several potential investors several months ago, calling for financial partners who were "serious and affluent and had US$3 billion available" or for institutional investors. (...)   [432 words]   [€5]
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