{"id":1731,"date":"2007-06-18T08:39:43","date_gmt":"2007-06-18T07:39:43","guid":{"rendered":"http:\/\/www.ethicalquote.com\/index.php\/2007\/06\/18\/british-investors-urged-to-quit-sudan\/"},"modified":"2007-12-19T12:41:51","modified_gmt":"2007-12-19T11:41:51","slug":"british-investors-urged-to-quit-sudan","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2007\/06\/18\/british-investors-urged-to-quit-sudan\/","title":{"rendered":"British investors urged to quit Sudan"},"content":{"rendered":"

\"070622_sudan.jpg\"<\/a>A divestment campaign begins today [Tuesday] aimed at British firms and investors in the Sudanese oil industry, royalties from which are alleged to fund ethnic cleansing in <\/span>Darfur<\/span><\/st1:place>. The <\/span>Aegis Trust<\/span><\/a><\/span>, a group focused on combating genocide around the world, will publish a dossier listing the companies and investment groups. It calls on them to use their financial leverage to persuade the <\/span>Khartoum<\/span><\/st1:place><\/st1:city> government to comply with United Nations resolutions and cut its support for the Janjaweed militia, responsible for much of the bloodshed in <\/span>Darfur<\/span><\/st1:place>. <\/span>Among the biggest investors [that] the dossier names is the <\/span><\/strong>Church of England<\/span><\/a><\/span><\/strong>, owning nearly 2 [million] shares in two Chinese oil companies operating in Sudan, but the Aegis Trust acknowledged that church leaders were “in the process of engaging with both companies”. The report also names <\/span><\/strong>Barclays<\/span><\/a><\/span><\/strong>, which it says owns more than \u00c2\u00a3380 [million] in shares in firms working in <\/span><\/strong>Sudan<\/span><\/strong><\/st1:place><\/st1:country-region>‘s oil sector. Among British companies [that] Aegis says are directly involved in the oil industry are two engineering firms: <\/span><\/strong>Petrofac<\/span><\/a><\/span><\/strong> and the <\/span><\/strong>Weir Group<\/span><\/a><\/span><\/strong>.<\/span><\/strong> According to <\/span>Aegis<\/span><\/st1:city>, <\/span>Sudan<\/span><\/st1:country-region><\/st1:place>‘s government draws more than 60% of its revenue from oil royalties, money which it says goes towards arming the Janjaweed and carrying out military operations in <\/span>Darfur<\/span><\/st1:place>. Image source: platform.blogs.com\/passionofthepresent
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News selected by Covalence | Country: <\/span>Egypt | Company: <\/span><\/span><\/span><\/a><\/span><\/span><\/strong><\/a><\/span><\/strong>Barclays<\/a>, Petrofac, <\/span><\/span><\/strong><\/a><\/a><\/span><\/strong><\/a>Weir Group<\/span><\/span><\/strong><\/a> <\/span>| <\/span><\/span>Source: <\/span>Sudan: The Passion of the Present<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A divestment campaign begins today [Tuesday] aimed at British firms and investors in the Sudanese oil industry, royalties from which are alleged to fund ethnic cleansing in Darfur. The Aegis Trust, a group focused on combating genocide around the world, will publish a dossier listing the companies and investment groups. It calls on them to…<\/p>\n","protected":false},"author":665,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[1],"tags":[57],"post_series":[],"class_list":["post-1731","post","type-post","status-publish","format-standard","hentry","category-news","tag-barclays","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/1731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=1731"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/1731\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=1731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=1731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=1731"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=1731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}