CPI Property Group S.A.

On November 21st, we began the process of publishing our findings on the myriad issues inherent in CPI Property Group that should call into question how a company operating in this manner could maintain an investment grade rating. CPI PG has thus far failed to provide alternative explanations for th… more

Muddy Waters is short the credit of CPI Property Group ("CPI PG"). We conclude that CPI PG's controlling shareholder Radovan Vitek ("Vitek") has been brazenly looting the company while significantly overstating the value of its assets. CPI PG's corporate governance is farcical. We are also concerned… more