On 18th March, OCCRP reported that 10 European companies trading in timber have sourced $2.26 million of wood from a company engaged in illegal logging in the Democratic Republic of the Congo, according to a report from Global Witness. The findings are especially worrying because most of the world’s second-largest tropical rainforest is in the DRC, said the report. The report tracks the logging of a concession owned by Industrie Forestière du Congo (IFCO), a timber trader which operates 2 concessions in the Congo Basin forest. It claims that IFCO bought those concessions from Cotrefor, a logging company long accused of illegal logging, alleged to be controlled by financiers of Hezbollah.
raytodd.blog 