Saturday, November 3, 2012


HSBC has reportedly come under fire from activists over its alleged support of companies suspected of unsustainable logging and other environmental transgressions in Sarawak.
According to an article in The Economist today, an international campaigning group Global Witness has released a report that puts the bank in the spotlight for doing business with a number of companies that have allegedly failed to meet the bank’s green policies.
Global Witness has identified six HSBC loans totaling $25m to non-compliant Sarawak loggers, made since the bank introduced its forest policy announced in 2004 that it would not do business with companies who do not make “reasonable efforts” to comply by 2009 the REPORT stated.


Anonymous said...

Produk AYAMAS Mengandungi Chloramphenicol!

The Sarawak Government last Thursday, to ban the import of the product with immediate effect, following tests which detected the presence of chloramphenicol. The antibiotic is used to treat bacterial infection which could be harmful to health.

wandererAUS said...

Can anyone expects to see bankers having conscience and high morals?...that will be the day. Like they say, "If you owed the bank one million, you are in trouble. If you owed the bank 100 million, the bank is in trouble" So screw them...if you can.

Victor Lim said...

Which country has had only one political party in government for more than half a century?

Which country allows the government to use public funds for political purposes?

Which country uses the Police to beat up peaceful protestors and corner them when they have already dispersed?

Which country has a Prime Minister linked to murder?

Which country has a Prime Minister linked to corruption and his colleagues don’t bother?

Which country uses Islam as a political tool to destroy other Muslims?

Which country practices racial discrimination in its policies like South

Which country gives money to the rich to buy houses cheaper because of their race?

Which country gives money to ministers so they get very rich while the poor suffer?

Which country punishes honest former top Custom and Police officers who whistle-blow?

Which country allows its government to rob the poor and fill the pockets of the rich by unreasonable road tolls?

Which country bails out cronies in business with public money into billions of ringgit?

Which country forces religion down people’s throats while the political
leaders live in sin?

Which country has an anti-corruption agency accused of murder?

Which country has a police system that sees so many Indian youths die in police lock-ups?

Which country has former soldiers take part in politics and act like thugs against a clean and honest lady?

Which country has a ‘First Lady’ who spends the people’s money when the country does not even have a president?

Which country builds a costly palace when many people do not have proper housing, water and electricity?

Which country denies the Opposition time to speak freely yet claims to be the world’s best democracy?

Which country forces it’s young into national youth programs and see many die in freak accidents?

Which country has its Prime Minister say something and the DPM disagrees. Remember 1Malaysia and “Aku Melayu”.

Which country has a Prime Minister who runs away while important things happen in his country?

Which country allows dirty videos and other slanderous material to be
published against others freely?

Which country has conspired against its Opposition leader in a sex scandal that we know is a conspiracy?

Which country has a retired Prime Minister and No Ass-Hole who can’t keep his mouth shut and creates disharmony?

Which country has a Royal Commission which exposes mismanagement and corruption in the police force but nothing is done to correct the shortcomings?

Which country has a Royal Commission to expose judge fixing and yet still no one is charged?

Which country has the NEP but sees many Malays denied opportunities because they belong to the wrong political party?

Which country sees the non-Malays discriminated against and deprived of the constitutional rights while the corrupt take the lion’s share of their prosperity?

Which country makes a car and sells it at a higher price in the country but charges less for it in other countries?

Which country sees the people divided into bumiputra and non-bumiputra and practices apartheid policies?

Which country has gone so backward in its political culture and stays in power by bribing others with money?

Which country has seen so many abuses of power and yet can still stay in power because of electoral irregularities?

Which country has punished its honest citizens for calling for democracy and clean and fair elections?

Which country controls all the country’s mainstream media and spreads propaganda?

Which country spends money on 1Malaysia but promotes racial hatred and disharmony?

Which country allows a politician like that white snake in Sarawak to be filthy rich and rob the natives of their lands and trees?

Which country allows a politician to spend public money to promote himself overseas?

Which country has been censured by the BBC for censoring their news we see?

Which country but Malaysia!

Daisy said...

As far as BN's leaders are concerned, corruption is the norm.They breathe in corruption, eat in corruption and sleep in corruption.They do not know how to survive without corruption.It is their way of life.If there is no corruption for them and if the relevant authorities don't sing to their tune, these god-forsaken group of corrupted people will make life miserable for those concerned. That's the message they proclaim loud and clear. They are unprincipled and a shameless brood of beings that even those on death-row are angels compared to them! Let's not fail to boot them out at GE13!