This piece of content is part of multiple stories. We recommend you read this content in the context of one of the following stories:
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- Informe destaca el "costo humano" de proyectos financiados por la Corporación Financiera Internacional en Camboya, Guatemala, India, Honduras y Laos [Español]
- Oxfam report reveals human rights abuses linked with Intl. Finance Corporation lending
Dragon Capital Group & Vietnamese Enterprise Investments response
The allegations concerning IFC’s interest in Dragon Capital relate to investments formerly made by Dragon-managed funds in Hoang Anh Gia Lai (HAGL), a publicly-listed Vietnamese company with investments in Cambodia and Laos. We note that the funds in question did not hold any investments in HAGL as at the date of the report, and do not hold any investments in HAGL at the present time. We also note that Oxfam did not contact Dragon Capital prior to release of the report and so did not seek to verify the statements as to alleged current investments in HAGL.
The position is the same for Vietnamese Enterprise Investments (VEIL).
This is a response from the following companies: Dragon Capital Group Vietnamese Enterprise Investments (part of Dragon Capital Group)