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Council questioned over arms investments

Disarmer | 13.12.2005 23:42 | Anti-militarism | Cambridge

A group of campaigners held a protest this morning outside a meeting of Cambridgeshire County Council to draw attention to the large investments that the council pension fund has in the arms industry.

Welcoming the councillors...
Welcoming the councillors...


The group used the opportunity to put a Public Question to the council, asking the council to consider adopting an ethical investment policy precluding investment in the arms industry. Despite the existence of research indicating that an ethical investment policy need not reduce financial performance, the Conservative leader of the council, Cllr Keith Walters, dismissed the idea on the basis that it might do exactly that.

In a startling display of the council's contempt for the public that elect it and pay its council tax, Cllr John Albert Powley (Conservative) of the Pension Fund Investment Committee hurled unprovoked abuse at the campaigners from the balcony above the entrance prior to the meeting, calling them "pathetic" and telling them to "grow up".

Disarmer
- Homepage: http://ccaat.cambridgeaction.net/


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