ANZ sets human rights precedent in settlement with communities displaced by company it financed
Australian bank will give some profit from loan to affected parties
In a landmark settlement, Australia’s ANZ Bank has agreed to pay a financial package to families in Cambodia forcibly displaced by a sugar company it loaned money to in 2011.
Observers say it sets an important precedent for the banking industry and demonstrates that the OECD’s hum…
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Jan 17th, 2022
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