Brookfield Asset Management controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Soilbuild and Lim Chap Huat sue Brookfield over alleged joint venture breach
Lawsuit filed
Soilbuild Group executive chairman Lim Chap Huat, Soilbuild and a Soilbuild unit filed a lawsuit in Singapore's High Court against Brookfield Asset Management, its Singapore arm and a Brookfield-controlled entity, alleging breach of contract and confidentiality over a proposed joint venture to acquire three Singapore industrial properties from Mapletree Industrial Trust for S$535.3 million. The claimants allege Brookfield pulled out of the tie-up two days before Mapletree announced the sale to Brookfield and used Soilbuild's proprietary commercial information in its successful bid. Brookfield said it considers the claims completely without merit and will defend the proceedings vigorously.
Company response
Denial — Brookfield Asset Management
The North American firm told WSJ that it “considers these claims to be completely without merit and will be defending the proceedings vigorously”.
Source excerpt
The lawsuit alleges that Brookfield used Soilbuild’s know-how, findings and suggestions in its successful bid for the Mapletree assets.
The North American firm told WSJ that it “considers these claims to be completely without merit and will be defending the proceedings vigorously”.
2023
Tax transparency and avoidance criticism
The Centre for International Corporate Tax Accountability and Research criticized Brookfield's tax transparency and alleged tax avoidance. Later reporting about Bermuda-registered entities led to additional political and public scrutiny.
2021
Carbon-neutrality accounting criticism
Critics challenged a claim that Brookfield's portfolio was carbon neutral, arguing that avoided emissions from renewable assets could not simply offset emissions associated with other investments, including fossil-fuel exposure.