Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Superfund should end investment in Taser torture

28 November 2007

Superfund should end investment in Taser torture weapons

Green Party Police Spokesperson Keith Locke wants the New Zealand Superannuation Fund to end its investment in Taser International.

"I was amazed to find that our Super Fund had a $780,000 investment in the producers of the controversial electric stun guns," Mr Locke says.

"They should quickly disinvest, particularly now that the United Nations Committee on Torture has designated the Taser as a torture weapon.

"Such disinvestment would be consistent with the Fund's earlier decision to quit its tobacco company shares.

"As with tobacco, the investment in Tasers presents both ethical and legal problems. Ethically, it is hard to justify investing in stun guns that have killed many people, that have been widely criticised around the world, and that have now earned UN condemnation.

"Legally, the investment is inconsistent with New Zealand's adherence to the UN Convention Against Torture. The Fund rightly saw New Zealand's adherence to the WHO tobacco convention a reason to disinvest from tobacco companies.

"One of the Fund's guidelines is 'avoiding prejudice to New Zealand's reputation as a responsible member of the world community'. In the light of the current worldwide controversy, the most responsible thing to do would be to disinvest from Taser International.

"Taser International might be a growth stock, partly because it is promoting a home consumer model, so that ordinary Americans can zap each other - something repugnant to most New Zealanders," Mr Locke says.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Veronika Meduna: The Kaikoura Rebuild

A Scoop Foundation Investigation

Friday will be a big day for people north of Kaikōura – and for hundreds of construction workers who are racing to reopen State Highway 1 in time for the holiday season.

By the afternoon, the South Island’s main transport corridor will be open to traffic again, more than a year after a magnitude 7.8 earthquake mangled bridges and tunnels, twisted rail tracks and buried sections of the road under massive landslides. More>>


BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>


Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>


Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>


State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>


Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need... More>>





Featured InfoPages