Tag: Land Grabs

Oxfam welcomes ANZ agreement with Cambodian farmers

Commenting on the ANZ Bank’s announcement of an agreement with Cambodian families who lost their homes and livelihoods when forced off their land by a sugar company that the bank loaned money to in 2011, Oxfam Australia Chief Executive Lyn Morgain said: “Oxfam welcomes ANZ’s announcement and congratulates the bank for doing the right thing […]

The risky business behind NAB’s bumper profits

NAB’s bumper $3.15 billion cash profit announced this morning comes days after an Oxfam report called on the bank to provide justice for families and communities who have lost land, homes and livelihoods because of land-grabbing practices by an NAB backed company in South East Asia. Last week, Oxfam’s report, Banking on Shaky Ground – […]

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