Australia: Rights groups warn Ferrovial about risks of acquiring Broadspectrum due to potential liability for detention camp abuses
"Rights groups warn investors of the risks of Ferrovial’s bid for Australia’s offshore detention contractor", 8 Mar 2016
…Ferrovial has been warned in a new investor alert that it will be exposed to serious legal, financial and reputation risks associated with the Australian offshore detention centres, if its takeover bid for Broadspectrum is successful. No Business in Abuse, GetUp and the Human Rights Law Centre released the briefing paper…Rachel Ball, Director of Advocacy at the Human Rights Law Centre [said] “…Broadspectrum derives the majority of its income from the contracts…to manage offshore detention camps in Nauru and Papua New Guinea…The camps…are the sites of major human rights abuses, including arbitrary detention, cruel treatment and inhumane conditions…Broadspectrum’s role…places the company in clear contravention of its…responsibility to respect human rights.” said Ms Ball. “…Ferrovial will find itself exposed to liability arising from years of abuse, as well as for ongoing violations against vulnerable asylum seekers and refugees, including children…” Shen Narayanasamy, the Human Rights Director of GetUp said Broadspectrum’s controversial work…has seen divestments from superannuation funds and local councils…You can download a copy of the alert here.