Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Filipino Migrants Question ANZ Bank's Ethics

PRESS RELEASE
September 26, 2008

Filipino Migrants Question ANZ Bank's Ethics

A group of Filipino workers is backing the Finsec union in its opposition to staff reductions at the ANZ bank.

Migrante Aotearoa, an Auckland based migrant Filipino worker organisation says ANZ’s treatment of its loyal workforce is deplorable but totally in line with its behaviour in the global arena.

Mr Maga says the bank is a large shareholder in the Oceana Didipio gold – copper mining project in the Phillipines which has caused widespread community displacement, human rights violations, economic dislocation, environmental devastation and social disputes in the national minority communities in Kasibu, Nueva Vizcaya.

“In New Zealand ANZ is preparing to throw hundreds of employees out of work. In the Phillipines the very same bank has investments in large scale mining that threatens poor peasants and indigenous peoples with eviction from their ancestral lands.

“Its time for the ANZ shareholders to be asking some hard questions about what sort of company they are part of.”

ENDS


Reference:

According to the Kalikasan, an environment advocacy network in the Philippines, the project of OceanaGold Corporation, a mining company listed on the Toronto, Australian and New Zealand stock exchanges under the symbol "OGC," has caused widespread community displacement, human rights violations, economic dislocation, environmental devastation and social disputes in the national minority communities in Kasibu, Nueva Vizcaya.

ANZ is listed as second in the top twenty shareholders in the mining company's report, holding 16.65% of the shares. It is also the largest holder of listed options with 13.80% of the total fully paid shares.

Kalikasan also noted that ANZ financed the Lafayette Polymetallic Project in Rapurapu, Albay. Lafayette, operator of Rapurapu flagship mining project of the Arroyo government, have entered into voluntary administration and filed for bankruptcy. The mining operation faced intense opposition from local residents and their supporters after it caused several fish kills, mine spills, massive environmental destruction and other negative impacts to the health and livelihood of the residents.


ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Joseph Cederwall: Building a Community Newsroom

The “Scoop 3.0” Transition Plan
There is good reason to believe that a new path and a better future is possible for Scoop in 2019 as a pioneering independent Media company. A combination of new technology, ideas, institutions and business models and a renewed energy and commitment by the Scoop team, means Scoop aims to be at the forefront of the development of this renaissance that we term ‘News 3.0’.

By opening up Scoop’s structure to community ownership and exploring decentralised technology through the blockchain we can ensure the public has a stake in this enterprise and a say in its development. More>>

 

Gordon Campbell: On Jami-Lee Ross (And The New Hobbit Law)

Clearly, Jami-Lee Ross is not waging a normal form of political warfare, with agreed rules of combat and rational cost/benefit calculations.

This is politics-as-terrorism where everything is being sacrificed by the man in the bomb vest in order to remove Simon Bridges as the leader of the National Party. More>>

Text Messages Released: National On $100,000 Donation(s)
The Botany Electorate of the National Party received 8 donations, and Mr Ross declared 8 donations to us. More>>

ALSO:

Film Industry Working Group:

Three Killed: DOC Supporting Family, Colleagues After Helicopter Crash

The Department of Conservation (DOC) is rallying around family and colleagues of the staff who died in a helicopter crash this morning in Wanaka... The helicopter, with two DOC staff on board, was on its way to undertake tahr control in the Haast area when it crashed. More>>

ALSO:

Political Donations: Greens Call For Tighter Anonymity Rules And Public Funding

“It is clear that those vested interests have a tangible influence on the decision making of political parties. This is a threat to democracy and should change.” More>>

ALSO:

Education Amendment Bill Passes: Urgency Sought For Partnership School Treaty Claim

The claim takes issue with the acts and omissions of the Crown in respect of the closure of Partnership Schools | Kura Hourua. More>>

ALSO:

Salvation Army Paper: Call For Public Housing Investment

To meet these future demands the report suggests the government needs to look beyond the private rental market and begin to invest heavily into home-ownership programmes and more public and social housing. More>>

ALSO:

Cull: Himalayan Tahr Control Operation Proceeding

“The target of controlling 10,000 Himalayan tahr over the next eight months remains. The revised plan provides for a staged control operation with increased reporting to the Tahr Liaison Group...” More>>

ALSO:

Health: Petitions To Fund Breast Cancer Drugs

Women marching to Parliament today, to present two petitions calling for Government funding of vital medicines, have 100% support from a coalition representing than 30 breast cancer organisations. More>>

ALSO:

Animal Welfare Advisory Committee: Report On Rodeo Practices Released

The independent committee that advises the Minister responsible for Animal Welfare, has today released a report on animal welfare in rodeos, together with advice to the Minister making recommendations to improve the welfare of the animals in rodeos. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels