South Korean company Daewoo Logistics signed a 99-year lease in Madagascar for about 1.3 million hectares, or about half of the island's arable land. It is the largest lease of this type in history and would have supplied half of South Korea's grain imports. The organization Collectif pour la Défense des Terres Malgaches, TANY was established in reaction to the lease (in which monetary compensation for the land was not included) and petitioned the government to first consult with stakeholders before agreeing to foreign land deals. The petition was ignored. The Major of Antananarivo (the largest city in Madagascar), Andry Rajoelina, criticized the president, Marc Ravalomanana, for supporting the deal. Rajoelina's administration rose in popularity because of his opposition to to Daewoo.
In December of 2009 the mayor organized a series of rallies against the president and the Daewoo deal which escalated into an 'attempted coup d'etat'. Some of the rallies turned violent, stores were burned and looted, and over 100 people died. After three months of unrest President Ravalomanana fled to South Africa and on the 21st of March, 2009, Andry Rajoelina was sworn in as president of Madagascar.
Three weeks later he rescinded upon the deal with Daewoo. While this deal is now dead, many smaller land acquisition deals that deny people rights are now being signed and put into operation.