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Papua New Guinea: Rainforest Action Network & others praise Citigroup for enforcing standards on illegal logging with client Rimbunan Hijau

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Article
2 March 2005

Citigroup Commended For Enforcing Environmental Policy - U.S.–based bank requires Southeast Asian timber client to obtain independent, third party certification.

Author: Rainforest Action Network

CEO Chuck Prince told stakeholders that client Rimbunan Hijau, a Malaysian logging giant with a well-documented history of human rights abuses and illegal logging activities, must comply with a set of progressive new environmental policies adopted by the bank last year. [also refers to Trillium Asset Management]

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Article
8 February 2004

[PDF] RH [Rimbunan Hijau] slams allegations [Papua New Guinea]

Author: Alex Rheeney, Post Courier [Papua New Guinea]

RH (PNG) Group company secretary JK Balasubramaniam [said]...“We have perused many of these unsubstantial allegations from Greenpeace, which is echoed in PNG by the PNG Echo Forestry Forum to be baseless, frivolous and vexatious,” he said. “It is inconceivable that a large multi-national like Rimbunan Hijau Group would want to engage in illegal logging worldwide and able to operate with impunity with total disregard of the wellbeing of the citizen of the country.

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