Cambodia: Villagers & NGOs express disappointment over ANZ’s cutting of ties with Phnom Penh Sugar; ANZ responds
Equitable Cambodia, Inclusive Development International and Oxfam Australia released statements expressing disappointment over news about ANZ's cutting of ties with Phnom Penh Sugar – a company that has been implicated in land grabs, child labour, and arbitrary arrests and intimidation of villagers, among others. The NGO statements and ANZ’s response are provided.
In August 2014, farmers from Kompong Speu Province echoed the same message in its petition to ANZ Royal Bank (of which ANZ Royal is majority owner), insisting that the bank still has a responsibility toward the affected communities. Details below.
In May 2015, Oxfam Australia sent a letter to ANZ asking the bank to commit to a "zero tolerance" approach on land grabs.