Lib Dem Muswell Hill councillor Jonathan Bloch has expressed deep concernat the investment policies of Haringey Council’s pension fund. Hiscomments come after it came to light that Haringey Council has beeninvesting in American oil giant Unocal which continues to work with theBurmese Government.
The military-run Government of Myanmar (formerly Burma) has an appallinghuman rights record with many international organisations calling forsanctions to be brought against the south-east Asian country.
Cllr Bloch says that he will be seeking urgent clarification from theCouncil over their investment policy and pressing for a review of it ifthe response is unsatisfactory.
Cllr Jonathan Bloch comments:
“It concerns me greatly that those investing on behalf of the Council haveinvested in a company working so closely with a Government that has such aterrible human rights record. It is essential that the Council’s stance onethical investment is clarified. I will be seeking this and acting uponthe response.”