07th March 2011 DWS Bank had held several financial products to their shareholdings in the Thai sugar company KSL. The Group is involved in Cambodia in the expulsion of over 400 farming families. Local organizations and the United Nations have not been extensively documented in 2008. According to recent information from the political magazine Report Mainz, which had brought the case to the public, the DWS is now due to the extensive allegations by KSL could not be ruled out, sold their shares in the company.
"We welcome the decision of the DWS, to draw clear conclusions," said Mr. Lord, agricultural officer at FIAN. On the other side, FIAN the risk that gets rid of financial services to its responsibility. 2008, for example was the German bank's fifth-largest shareholder of the sugar group and is thus responsible for their activities. "The sale of the shares must not result in the DWS are drawn here from the affair." FIAN calls on the fund company to continue to work for a real solution to the land conflict.
DWS should also use this case to review their investment strategies in principle. "The DWS must examine in more detail in future, in which companies it invests," said Lord. Especially in the agricultural sector, in the reports of human rights abuses, exploitative labor, land theft and destruction of the environment of the day, investors such as the DWS to meet their duty of care and doubt proceed under the precautionary principle. "You can not rule out human rights violations, they should not finance companies." Currently they invest more along the lines of what I do not know will not hurt me ', as well as the example, Olam International shows. This group, which is financed by DWS funds, has recently secured claims to 300,000 hectares in the central African country Gabon seed. "The DWS here should demonstrate that their funds not involved in evictions of small farmers, "said Roman Herre.
Contact: Roman
Herre, agricultural spokesman FIAN Germany eV, 0176-76145926, r.herre fian.de (at) 
Links: www.fian
Links: www.fian FIAN press release from 11/09/2010 "Investors Conquest heat and hunger to
. de Just Checking Report Mainz:
http://www.swr.de/report/index.html
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