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World Bank Group's financial intermediaries linked to various human rights abuses in Southeast Asia; companies & the IFC respond

 

Inclusive Development International, in collaboration with Bank Information Center, Tarkapaw Youth Group, Urgewald, 11.11.11, Accountability Counsel, and Ulu Foundation allege in this report that various banks and investment groups have invested millions of dollars to operate or fund local companies in Southeast Asia that are linked to human rights abuses including land grabbing and forced evictions.

Business & Human Rights Resource Centre invited the companies named in this report to respond – the responses are linked below. The following sent responses: International Finance Corporation, Dragon Capital, Indonesia Infrastructure Finance, and Raiffeisen Bank International.

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Company non-response
29 April 2017

Gemadept did not respond

Company non-response
29 April 2017

Hoang Anh Gia Lai (HAGL) did not respond

Company non-response
29 April 2017

Postal Savings Bank of China did not respond

Author: Postal Savings Bank of China

Company non-response
29 April 2017

Three Gorges did not respond

Company non-response
29 April 2017

Vietinbank did not respond

Author: Vietinbank

Company non-response
29 April 2017

Vietnam Electricity (EVN) did not respond

Author: Vietnam Electricity (EVN)

Company non-response
29 April 2017

Vietnam Rubber Group did not respond