Deutsche Bank is looking for investors for further deforestation.
Instead of species-rich rainforest more palm oil monocultures are
planned in Indonesia and Africa
„The Deutsche Bank is helping FELDA to take away our land and
to cut down the rainforest“, says Mazlan Aliman. The courageous farmer
is the spokesman of the Malaysian opposition. His cooperative
disapproves of palm oil giant FELDA's stock market flotation that is
planned for 28 June 2012. The money pouring in is going to be used for
the large-scale clearance of rainforest.
The Malaysian company FELDA Global Ventures Holding wants to raise
three billion dollars for new palm oil plantation on the stock market.
One of Germany's largest banks, the Deutsche Bank, is helping to search
for investors. FELDA is the world's largest palm oil trader, the third
largest owner of palm oil plantations and a leading sugar producer.
Money for rainforest destruction and votes
FELDA has announced to use the money from the stock market to go on a
shopping spree. Especially Indonesia and Africa are at the center of
its focus. Rainforest areas are going to be bought, destroyed and turned
into huge monocultures.
Moreover, there is reason for suspicion that the stock market money
is about to be used to buy votes for the upcoming elections. Malaysia's
Prime Minister Najib Razak has promised each company's member 5000
Dollars from the flotation. The prime minister's party and the FELDA
staff are heavily intertwined.
Deutsche Bank supports logging and land grabbing
Deutsche Bank is calling its approach ecologically and socially
harmless. Mazlan Aliman and his fellow protesters take a different point
of view: In their opinion FELDA's stock market flotation infringes
their rights and amounts to a forced conversion. Please ask the Deutsche Bank to dissociate itself from FELDA and to refrain from any more land grabbing or logging.
Start of campaign: Jun 26, 2012 https://www.rainforest-rescue.org/