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Article: Mill foes hit ANZ bank on PNG links.
- Article from:
- PAC - Pacific Islands Broadcasting Association
- Article date:
- November 12, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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12 NOVEMBER 2007 TASMANIA (Pacnews) ---- Opponents of the Gunns pulp mill in Tasmania, Australia have seized on close ties between the ANZ Bank and the logging industry in Papua New Guinea ( PNG) to increase pressure on the bank not to fund the mill.
Conservationists will expand moves for an international customer boycott of ANZ after the bank defended its relationship with controversial Malaysian logging giant Rimbunan Hijau, which accounts for half of the logging in PNG.
A letter written by ANZ Pacific managing director Mike Guerin on 15 October dismissed reports by several PNG government agencies, the World Bank and other groups that have concluded ...