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13.12.04
Lib Dem Muswell Hill councillor Jonathan Bloch has expressed deep concern
at the investment policies of Haringey Council's pension fund. His
comments come after it came to light that Haringey Council has been
investing in American oil giant Unocal which continues to work with the
Burmese Government.
The military-run Government of Myanmar (formerly Burma) has an appalling
human rights record with many international organisations calling for
sanctions to be brought against the south-east Asian country.
Cllr Bloch says that he will be seeking urgent clarification from the
Council over their investment policy and pressing for a review of it if
the response is unsatisfactory.
Cllr Jonathan Bloch comments:
"It concerns me greatly that those investing on behalf of the Council have
invested in a company working so closely with a Government that has such a
terrible human rights record. It is essential that the Council's stance on
ethical investment is clarified. I will be seeking this and acting upon
the response."
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