Cibola Capital, a so-called UAE private investment group, has supposedly bought Nathan Tinkler's Patinack Farm. But freelance writer Kiwa Fisher finds that if you scratch the surface, the tale -- and the sale -- might not hold up to much scrutiny.
After Crikey published a report
about the shadowy origins of Cibola Capital, the UAE-based company that is reportedly buying Nathan Tinkler’s Patinack Farm “lock, stock and barrel” and detailed the litany of copyright and trademark infringements and dubious claims the company’s bizarre website
contained, the website was taken down. It was replaced last month with a single page, complete with a new company logo, which says only “Cibola Capital is a private family investment office” (pictured below).
Cibola’s sister website, www.csi-investments.com
, was also taken down and has been replaced with a similarly simple page saying it is a “private holding company”.