6 banks listed among top shareholders of Chinese wig firm reportedly using forced prison labour: Deutsche Bank, HSBC, ING, Merrill Lynch, Morgan Stanley, UBS

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Company response
24 August 2005

Response by Morgan Stanley: South China Morning Post article alleges wig manufacturer Henan Rebecca uses forced prison labour – says major financial firms, including Morgan Stanley, among its top shareholders. Click here

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Company response
24 August 2005

Response by UBS: South China Morning Post article alleges wig manufacturer Henan Rebecca uses forced prison labour – says major banks, including UBS, among its top shareholders.

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Article
25 August 2005

[DOC] Morgan Stanley response to South China Morning Post article raising concerns about shares in the Chinese company Henan Rebecca

Author: Morgan Stanley

As a policy, Morgan Stanley does not comment on what may be investments for our clients.

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Article
25 August 2005

[PDF] [letter to Business & Human Rights Resource Centre regarding allegations of forced prison labour]

Author: Henan Rebecca Hair Products

Considering that the report [of Jamal Anderlini in the South China Morning Post] deviated from the real facts very seriously and brought a great negative influence to our company, in order to defend our legal rights, we sincerely invite Human Rights Resource Organization as a third party to investigate independently to our company and the local jail firm so as to recover the pure reputation of Henan Rebecca Hair Products, Inc. and show the actual truth to the public.

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Article
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Author: Terra Actualidad - EFE

El mayor fabricante de pelucas en China, 'Henan Rebecca Hair', obliga a sus empleados a trabajar en condiciones de esclavitud y de trabajos forzados en su fábrica situada en la región de Xuchang (centro), según un artículo publicado en el diario chino 'South China Morning Post'...Ante estas acusaciones, la empresa se ha defendido alegando que la industria de las pelucas requiere una maquinaria específica y que su manejo necesita trabajadores especializados...por lo que consideró 'imposible' que se pueda dar el trabajo forzoso.

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