sino forest

[Fittster]

Now it's being claimed that this American listed forestry company may have been very naughty and claimed it owned lots of forest in China when in fact it didn't own them at all.

If a company goes for a listing and its value is based on assets in some awkward to check part of the world (forests in china, minerals in africa, oil under the sea, etc) whose job is it to check that they actually do own what they claim to own?