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Nestle Demands Cash From Starving Country

Bristol Resist | 18.12.2002 13:47

Nestlé has demanded that Ethiopia pay over $6million in compensation for a company that was nationalised 27 years ago, a company that Nestlé didn't even own at the time.....

Nestle Demands Cash From Starving Country

Just when you thought that things could not get any worse for the 11 million starving people of Ethiopia, along comes Swiss multinational and @Bristol 'partner', Nestle with a demand for millions of dollars, as Oxfam noted; "Nestlé has demanded that Ethiopia pay over $6million in compensation for a company that was nationalised 27 years ago, a company that Nestlé didn't even own at the time.....The $6m represents 0.01% of Nestlé's turnover last year. But for Ethiopia, $6m would buy food for over a million people for a whole month." Never mind the starving of the country or the collapsing coffee prices that are making a bad situation worse, do Nestle know it's Christmas time at all?

Well it's time to tell them about Christmas - go to www.maketradefair.com/go/scrooge/ and you can send an email to nestle to demand they put people before profit. Also email @Bristol's press officer Sonja Johnston (sonja.johnston@at-bristol.org.uk) to ask her how their 'ethics' policy operates in relation to a company who takes attempts to take cash from governments dealing with famines? Does this mean they will kick Nestle out?

Bristol Resist
- e-mail: emmagoldman@hushmail.com
- Homepage: http://www.geocities.com/bristolresist/

Comments

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nestles is the company tha put profits over

19.12.2002 01:26

babies lives, by promoting formulas over breast feeding. Welcome to the New World Order,otherwise known as the american dream. Big business rules and people exist solely as consumers. Ironically tis is what US soldiers and others in nato are fighting for: but they call it freedom and democracy.LOL

brian