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Company Response

20 Oct 2014

Author:
ANZ

[PDF] ANZ response

…[W]e can confirm that ANZ will cooperate with and assist the ANCP [Australian National Contact Point] with its enquiries…[W]e have outlined [in this response]…our approach to responsible business lending and an update on our response to issues raised with ANZ regarding Phnom Penh Sugar Company…ANZ respects and understands the concerns of...the members of the Thpong and Aoral district communities…[and] recently wrote to these community representatives. We have enclosed the letter in both English and a Khmer translation…[I]t is important to note that ANZ financed part of the factory construction…[and] did not finance the acquisition of concession land nor did we finance the plantation…Ultimately, the core of this dispute relates to land and resettlement from land. These are issues that can only be resolved from Phnom Penh Sugar Company and the Cambodian government…

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