An excavator loads soil onto a truck at an open pit mine in Indonesia in this 2019 file photo. Photo: Reuters

IFC watchdog investigates Postal Savings Bank of China over loan for Indonesian mine

  • Postal Savings Bank of China’s loan to a mining group was in apparent contravention of IFC environmental standards, complainants say
  • The probe marks the first time that the International Finance Corporation’s independent watchdog has investigated a Chinese financial institution
Topic |   Indonesia
An excavator loads soil onto a truck at an open pit mine in Indonesia in this 2019 file photo. Photo: Reuters
READ FULL ARTICLE