Yesterday 200 villagers from Kampong Speu protested outside ANZ's Cambodian headquarters in Phnom Penh.
They were demanding that the ANZ use the estimated $5 million in profits it made from funding Phnom Penh Sugar to make amends to affected communities. Phnom Penh Sugar is the company at the heart of grabbing their land and leaving them in dire poverty.
Tell ANZ it’s time to stand up and pay what's fair.: https://www.facebook.com/ANZAustralia?utm_campaign=BL_ANZ_nonANZ_letter&...
Phnom Penh Sugar has been implicated in a slew of human rights abuses. In 2010 and 2011 hundreds of families were forced off their land, their crops bulldozed into the ground to make way for Phnom Penh Sugar's sugarcane and mill. Whole communities were plunged into poverty.
ANZ funded Phnom Penh Sugar for over 3 years from 2011-2014. The fact that Phnom Penh Sugar suddenly repaid its loan in July does not let ANZ off the hook. ANZ has a responsibility to make amends to affected communities for its role in backing Phnom Penh Sugar.
It looks like ANZ are trying to wait it out, waiting for the Australian, Cambodian and international community to lose interest.
ANZ must act now to return profits from their relationship with Phnom Penh Sugar to the affected communities. Tell ANZ this issue is not going away until they act to make amends and assist the community.
Ahead of ANZ’s AGM tomorrow, write on ANZ’s facebook page to remind them of their obligations to affected communities.
Economic Justice Policy and Advocacy Lead