UBS
Genocide in Darfur – No business with death (31.10.07)
The genocide in Darfur relies mainly on the income of the Sudanese government from the oil industry. Involved are also Swiss financial institutions such as UBS or Credit Suisse which in total hold around 6 billion US dollars worth of investments in the controversial oil companies in Sudan. UBS plans, furthermore, to underwrite PetroChina’s IPO (initial public offering) on the Shanghai stock exchange on 5 November, despite massive international criticism.
| Speech by Christoph Wiedmer, Director, Society for Threatened Peoples, Switzerland (STP) (15 KB) |
| Speech by Andreas Missbach, Private Finance Programme, Berne Declaration (12 KB) |
| Speech by Scott Wisor, Senior Field Organizer for the Sudan Divestment Task Force, a project of the Genocide Intervention Network (14 KB) |
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Detailed information on investments by Swiss financial institutions in oil companies operating in Sudan. Source: Bloomberg Financial Services |

