Consider De-listing of Global Coal Management from London Stock Exchange

12 Climate Justice Organisations Calling Upon Chief Financial Officer at London Stock Exchange

 

A letter signed by a coalition of 12 organisations to Chief Financial Officer of London Stock Exchange, David P Warren, demands the Financial Conduct Authority (FCA) must undertake an impartial enquiry into GCM’s unethical business. The letter asks that FCA must establish that the company holds a valid license for mining in Phulbari or LSE must de-list GCM from the London Stock Exchange by Friday, 23rd August. The coalition warns that failure to respond to the letter would mean that LSE faces essential action. The letter has been delivered to David P Warren by the City Sprint Courier Service and was later handed over again by the City of London police during the Black vigil at LSE on Friday. The letter with full list of signatories is as follows.

Dear Mr David P Warren,

We write to you in regard to an urgent investigation and overdue de-listing of a fraudulent company on the London Stock Exchange (LSE). The company is called the Global Coal Management Resources plc. (GCM), formerly known as “Asia Energy”. GCM is listed as a mining company on the London Stock Exchange’s Alternative Investors Market (AIM). They are selling shares in London’s share market in the name of a project called “Phulbari coal project”, which does not exist. The company do not hold any valid asset to operate in Phulbari and do not have permission for mining anywhere in the world.

We would like to draw your attention to fraudulent activities of GCM, and would like to hand over some key documentation about the company’s fraudulent business, thereby asking you to undertake an urgent enquiry into GCM’s business and consider de-listing GCM from LSE.

Under the coalition of Phulbari Solidarity we are campaigning alongside groups in Bangladesh to raise awareness about the human rights abuse, ecocide, and fraudulent business of GCM, who want to build a massive open-cast coal mine in Phulbari, the only flood protected location in northwest Bangladesh. Due to severe level of human rights violation by GCM’s Bangladesh subsidiary, Asia Energy, in Phulbari the government in Bangladesh declined to renew the company’s licence in 2010. Yet the company, currently listed on AIM, continues to grab money by selling deceitful shares on Phulbari coal project’s name in London’s share market.

Bangladesh government reiterated that the Phulbari project is unlikely to go ahead and that GCM will never be given permission to return to Phulbari or northwest Bangladesh for coal extraction. The government has overturned their right to mine in Bangladesh about a decade ago.

Given the LSE’s remit in overseeing the conduct of the AIM-listed companies, we are asking that the Financial Conduct Authority (FCA) undertakes an impartial enquiry into GCM’s unethical business and establish that the company holds any valid license for mining in Phulbari or abroad with a view to review the company’s listing within the London Stock Exchange.

We ask you to kindly respond to our call for investigation by Friday the 23rd of August.

GCM is one of a string of London listed mining companies linked to the murder and ‘massacre’ of protesters, including Lonmin, Glencore, Kazakhmys, ENRC, Essar, Vedanta, Anglo Gold Ashanti, African Barrick Gold and Monterrico Metals. We note the failure of the Financial Conduct Authority and the London Stock Exchange to investigate or penalise any London listed mining company on these grounds is bringing the LSE into disrepute.

This 26th August marks 13th anniversary of the Phulbari killing when three young people were shot dead and more than two hundreds injured in a non-violent demonstration of 80,000 people who marched against plans by GCM in Phulbari. The day has nationally been called the Phulbari Day since. Powerful resistance in the aftermath of the shooting in Phulbari has put a decade long halt to the project. Following the killing of people in Asia Energy’s incited violence Bangladesh government has declined to renew the company’s contract to operate in Phulbari.  Despite no valid contract for mining, GCM is selling shares and cheating on the UK’s share market.

We have previously written about this to you and to Mr Xavier Rolet KBE, the former Chief Executive of London Stock Exchange. We also proposed for a meeting to discuss the matter in 2016. Nevertheless there was no response.

We would appreciate it if you can respond to our demand before Friday 23rd August. If not, we ought to take further steps to hold London Stock Exchange to account.

In support of our concerns we are enclosing some key documentary evidence:

  1. OECD complaint about GCM-led human rights abuse and corruption in Bangladesh submitted to and accepted by UK National Contact Point.
  2. Report on the cancellation of contract with Bangladesh government.
  3. Reports on GCM’s deceitful sales of their shares in the name of Phulbari Project.
  4. Evidence of GCM’s continuous violence and harassment of opponents to the project.

 

If you need further information, please feel free to contact us (as per below contact details).

We look forward to hear from you in due course.

Yours Faithfully,

Dr Rumana Hashem, Co-ordinator, Phulbari Solidarity Group.

Dr Akhter Sobhan Khan, Member secretary, the Committee to Protect Natural Resources of Bangladesh, UK branch.

Alejandra Piazzolla, Spokesperson, Extinction Rebellion Youth.

Alfredo Quarto, Director, Mangrove Action Project, US.

Angela Ditchfield, Director, Christian Climate Action.

Johan Frijns, Director, Bank Track.

Kofi Mawuli Klu, Joint Co-ordinator, Extinction Rebellion International Solidarity Network.

Knud Voecking, Director, Urgewald e.V., Germany.

Nick Bryer, Europe Campaign Manager, 350.org.

Nils Agger, Co-founder, Extinction Rebellion, UK.

Richard Roberts, Spokesperson, Reclaim the Power

Samarendra Das, Chair, Foil Vedanta.

#PhulbariDay #CoalMurder

Press Release

PHULBARI DAY PROTESTS IN LONDON AND BANGLADESH MARK MASSACRE BY BRITISH MINING COMPANY

  • Sombre protests will be held at London Stock Exchange on 23rd August and at Phulbari Memorial in Bangladesh on 26th August to mark ‘Phulbari day’, commemorating the massacre of protesters by GCM in Phulbari in 2006.
  • A letter from a coalition of groups demands that GCM is de-listed from the London Stock Exchange for fraudulent activities.

London, 14th August 2019: Sombre protests will take place at the London Stock Exchange in London and in Bangladesh on the 23rd and 26th of August to mark the 13th anniversary of the murder of three teenage boys and abuse of hundreds of people by AIM listed Global Coal Management Resources plc (GCM) during a non-violent protest by communities around a proposed coal mine in Phulbari in 2006. The anniversary is officially declared Phulbari Day in Bangladesh. A creative rally, a human chain and a performative vigil will be held at the London Stock Exchange organised by Phulbari Solidarity Group and the UK Committee to Protect Natural Resources in Bangladesh with a coalition of seven other organisations. Protesters will echo calls in their letter to Chief Financial Officer of the LSE, David Warren, demanding that GCM is de-listed from the London Stock Exchange for fraudulent and criminal activities.

Meanwhile in Bangladesh, indigenous communities and thousands of anti-mine activists will commemorate the lost lives by forming Red and Black vigils under the banner of National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports in Bangladesh on 26th August. The communities and families of victims will pay tribute with flowers to the memorial of the three dead at the Phulbari Memorial. The vigils demand that government must ban open cast coal mine, that Phulbari Day must be declared as the National Fossil Free Energy Day and government should implement the Phulbari Day Verdict by taking legal action against GCM immediately.

On 26 August 2006 three boys Amin (13), Salekin (16) and Tariqul (19) were shot dead, and more than two hundred injured in a non-violent demonstration of 80,000 people against plans for an open cast coal mine by GCM’s subsidiary Asia Energy. The eight million ton mine would forcibly displace 130,000 people from Phulbari in northwest Bangladesh. Construction of the plant is dependent on approval from the Bangladeshi government who previously shelved plans for the development following huge protests. Subsequently GCM’s CEO Gary Lye has filed multiple cases against 26 community organisers in Phulbari and Dinajpur claiming he has felt ‘harassed’ when he visited the area in an attempt to continue coal mining plans in 2014.

Nuruzzaman, a survivor of Phulbari shooting and a local community organiser of the 2006 Phulbari Day protest in Phulbari says:

GCM is a fraudulent and murderer company who killed three of our young people for simply watching over a non-violent demo. The company’s CEO, Gary Lye, laughed after the killing on television. They bribed our police and border security guards to kill us and poison our society. They created violence which left three killed and 220 injured even before the company was awarded approval for mining in our Phulbari. They do not have a license, there is no project in Phulbari. We halted the mine 13 years ago. But GCM are selling shares in London Stock Exchange in the name of Phulbari. They continue abusing us. GCM’s arbitrary court cases against myself and 25 other community organisers in Phulbari claimed 1billion taka (BDT 100 crore) for so called harassments that Gary Lye and his men faced after they killed people in Phulbari. 9 of the 11 cases against me have already been dismissed by the courts. We want justice in our fight against this criminal company which has destroyed so many lives already. ”

Protests are ramping up in the UK following 13 years of campaigning for GCM to be de-listed from the LSE. Responding to the massacre and widespread protests, the Bangladeshi Government declined to renew the GCM subsidiary Asia Energy’s license to extract coal from Phulbari in 2010. Despite aggressive lobbying and public claims that they have government approval for coal extraction, GCM continues to have no valid contract with the Bangladesh government. However GCM recently announced a strategic partnership with two Chinese firms – China Nonferrous Metal Industry’s Foreign Engineering and Construction Company (NFC) and Power Construction Corporation of China (PowerChina) to develop the mine, which created a hike in its share price1. GCM has no other operation or assets, yet the company continues to sell shares on the LSE on the basis of the Phulbari coal project.

Rumana Hashem from Phulbari Solidarity Group in London, who was present at the 2006 demonstration, says:

London Stock Exchange is complicit in the criminal activities of GCM by allowing them to retail shares and cheating on ordinary people for a decade. I have witnessed Asia Energy’s violence in Bangladesh, heard the cries of the victims and seen tears of non-violent protesters who were injured in GCM’s inflicted violence in one of Bangladesh’s most harmonious, flood protected and green place. GCM want to destroy the region and livelihood of the people in Phulbari. GCM’s CEO Gary Lye has been targeting local opponents. They must be held to account. ”

The London rally is co-hosted by a wide coalition of groups including Extinction Rebellion International Solidarity Network, Foil Vedanta, Christian Climate Action, Extinction Rebellion Youth, and Reclaim The Power. The protest is expected to be theatrical and hard hitting with participants wearing black clothes and masks, forming human chain, paying tribute with red roses to the memorial of the three killed, and singing songs of mourning and resistance from the Phulbari struggle to commemorate the lost lives.

Akhter Khan from the Committee to Protect Natural Resources of Bangladesh – UK branch (4), says:

We demand that London Stock Exchange must de-list GCM as the company do not have valid license to conduct business in Phulbari. LSE must not allow GCM’s deceitful money grabbing from the share market. ”

Kofi Mawuli Klu from Extinction Rebellion International Solidarity Network UK says:

XRISN-UK stands with the Phulbari Solidarity Group, the National Committee and all Environmental Justice campaigners in and outside Bangladesh in solemn remembrance not only of those martyred but also of those who survived to continue fighting up till now for real Change for a better World! It is with the blood of the heroic likes of the Phulbari martyrs that our XR International Rebellion is fuelled; and this gives us the assurance that the Struggle will continue relentlessly through the turbulence of this dangerous time of Climate and Ecological Emergency; it will continue till we overcome to usher in the victories they deserve.”

A letter signed by 12 transnational climate justice organisations under the coalition of Phulbari Solidarity has been sent to LSE Financial Director, demanding that GCM is investigated and de-listed for its crimes and fraudulent selling of shares without any valid asset. The letter points out that GCM is one of a string of London listed mining companies linked to the murder or ‘massacre’ of protesters, including Lonmin, Glencore, Kazakhmys, ENRC, Essar, Vedanta, Anglo Gold Ashanti, African Barrick Gold and Monterrico Metals. It notes the failure of the Financial Conduct Authority or the London Stock Exchange to investigate or penalise any London listed mining company on these grounds, and notes that this is bringing the LSE into disrepute.

 

 

More information on the Phulbari massacre can be found at:

Video footage of killings in Phulbari: https://phulbarisolidaritygroup.blog/videos/

Facts about Phulbari coal project at a glance: https://www.banktrack.org/download/the_phulbari_coal_project/iap_factsheet_footnotes_the_final_0.pdf

 

Contact for further information: Miriam Rose ( miriam.rose@outlook.com ) to organise statements or interviews with any of the host organisations or case studies.

 

 

#PhulbariDayVigil #CoalMurder

 

 

 

BLACK VIGIL for Phulbari Victims in London

What? Rage and Rally outside London Stock Exchange

When? On Friday, 23 August, at 9AM to1PM

Where?  10 Paternoster Square, London EC4M 7LS, UK. (nearest tube station: St Paul’s)

 

Hand-painted banner for victims of Phulbari shooting, 26 August 2016. Photocredit: Peter Marshall.

On 26 August in 2006 three people were shot dead and more than two hundreds injured in a non-violent demonstration of 80,000 people against a London-listed mining company, Global Coal Resources Management (GCM), who want to build a massive open cast coal mine by forcibly displacing 1,30000 people in Phulbari of northwest Bangladesh. The three killed were young people. The day has been marked as Phulbari Day ever since.

 

Although powerful resistance in the aftermath of the shooting against the coal mine has put a decade long halt to the project, the company continues its dodgy deals. GCM is aggressively moving ahead to build an open-cast coal mine in Phulbari. They have recently signed two new MOUs with two Chinese companies, and are lobbying with Bangladesh government for approval of the project.

 

GCM do not have a valid contract with Bangladesh. Following the unauthorised shooting and killings in violence inflicted by GCM’s Bangladesh subsidiary, Asia Energy, the government declined to renew the company’s license in 2010. But GCM’s CEO filed multiple cases against 26 community organisers in Phulbari and Dinajpur. They are also selling shares in the name of Phulbari project in the London Stock Exchange.

 

We have alerted London Stock Exchange about GCM’s fraudulent business. Phulbari Solidarity Group, Foil Vedanta, London Mining Network and the UK Committee to Protect Natural Resources in Bangladesh had previously asked London Stock Exchange to de-list GCM. But there was no response to our calls.

 

  • As Phulbari Day marks 13th anniversary this August, we will rally and rage outside the London Stock Exchange on Friday the 23rd August. Coordinated by Phulbari Solidarity Group, this year we will march together with climate activists at Christian Climate Action, Committee to Protect Natural Resources of Bangladesh, Extinction Rebellion, Foil Vedanta, and Reclaim the Power. While anxious people in Phulbari are paying tribute to victims in Phulbari memorial on 26 August, we stand in solidarity with the communities by rallying at London Stock Exchange. We will be commemorating the lost lives by rallying against GCM in London.

 

  • We will pay a creative tribute to Al-Amin (13), Salekin (16) and Tariqul (19). We will form a Vigil by wearing BLACK clothes. We will sing songs of loss and struggle.

 

We ask London Stock Exchange to De-list GCM NOW.

JOIN THE VIGIL on at 9AM on Friday 23 August!

Come along with your friends and families for a non-violent rally and creative action at London Stock Exchange.

  • Wear Black as symbol of grief, dirty coal and anguish!
  • Bring along musical instruments, own placards and ideas for creative actions:)

Please confirm your attendance here on Facebook:

https://www.facebook.com/events/219008188986792/

#PhulbariDayRally

Memorial of Al-Amin, Salekin and Tariqul in Phulbari. Photocredit: Nuruzzaman

Support Three XR Activists at Court – Show Solidarity with Bangladesh

This Wednesday 10th April, Amy, Angela and Shulamit face the City of London Magistrate’s court for defending the affected communities in Phulbari and for disrupting AGM of a bullying extractive company, GCM Resources, in London. Please come to support and show solidarity with the brave activists and with abused Bangladeshi communities.

Wednesday, 10 April 2019 from 09:30-11:30 UTC+01

City of London Magistrate’s court

1 Queen Victoria Street, EC4N 4XY

London, United Kingdom.

 

The three arrests happened at the AGM for Global Coal Management (GCM) Resources Plc. on 28th December 2019. GCM is an AIM-listed British company whose sole purpose is to build a 6000MW massive open pit coal mine in the only flood protected area in Bangladesh, the Phulbari, in northwest region.

Building the mine will involve displacement of up to 220,000 people including 50,000 indigenous people from 23 tribes, destroying their ancient culture which can be traced back 5,000 years. The mine will drain and pollute the water supply for the 230,000, destroy 14,600 hecters of areas of the most fertile agricultural land in Bangladesh whilst only 6 percent of the coal or profit will remain in the country.

The project will damage the UNESCO world heritage site, the Sundarban Mangroves where the endangered Bengal Tigers live.

Why do corporations hold the power to do this? This is ecocide.

Three people including a 13 year old-child in Phulbari have been killed protesting this mine.  Activists have been abused by the company’s CEO who filed multiple arbitrary cases against 26 community leaders. The company’s Bangladesh subsidiary, Asia Energy, was also allegedly involved in the murder of Nasrin Huq who was fighting the controversial Phulbari coal project.

 

The courageous Extinction Rebellion activists decided their personal consequences are of less importance than putting their bodies in the way of this criminal activity.

 

JOIN Us with friends and family outside and inside the court, if you are around London.

If you are not in London, please show your solidarity by sending a message of support on Facebook here: https://www.facebook.com/events/371034560412653/

Stop #GCM Blockade The #Coal Burglars

On Friday 28 December in 2018, Bangladeshi protesters and transnational campaigners against the development of coal mines in the Phulbari region of Bangladesh blocked the entrance to the venue of a London based company Global Coal Management  (GCM) Resources’ annual general meeting in central London. Activists disrupted the AGM by occupying the front entrance for four hours from 9am to 1pm on Friday. All major shareholders including GCM’s Head of Corporate Affairs Brian Mooney were blocked out, they waited angrily outside, then gave up and went home.

Activists were particularly angry about GCM Resources’  recent claim that they have signed a memorandum of understanding (MoU) with Power China Ltd. to develop a giant coal mine in Phulbari and their plans to build a 6000 megawatt power plant.

If the mine is built, it would lead to forceddisplacement of up to 230, 000 people over the 36-year life cycle of the project. It will increase poverty, water pollution and will plunder 14,600 hecters of Bangladesh’s most fertile and productive agricultural land in the region, causing a crisis of food production. It will have a devastating impact on the people and the environment.

Watch a short video of the demo outside of the GCM’s AGM:

Asia Energy/GCM Must Stop Unethical Business In London Stock Exchange

In support of Phulbari communities, a noise demo and blockade was held outside GCM’s AGM at 33 Cavendish Square in London on Friday 28 December 2018. Copyright: Golam Rabbani/PSG.

Phulbari Verdict Must Be Fully Implemented

The below statement was signed by 134 community leaders from 50 communities around Phulbari, objecting to GCM’s proposed open cast coal mine. It was meant to be presented by dissident shareholders to GCM’s board of Directors at the AGM. The original letter from the community was  written in Bangla. PSG has translated the statement in English language for greater readership.

“The killer and corrupt extractive company, Asia Energy, thereafter Global Coal Management Resources  (GCM) , hold their AGM to bluff shareholders and to sketch out vicious plans for further human rights violation and to destroy livelihood  in Phulbari and northwest Bangladesh. The company has recently signed a Memorandum of Understanding with a Chinese company and is trying to reach new agreements with various other companies to develop a giant open cast coal mine in Bangladesh to destroy Phulbari, Birampur, Parbotipur, Nobabganj and Boropukuria chapters.

Despite ban of Phulbari project, the company is selling shares in London Stock Exchange. This is outrageous. GCM’s do not have any business in Phulbari. They do not have license to undertake business in Bangladesh. That a company is selling fake shares in the name of Bangladesh’s Phulbari project abroad is an embarrassment for the nation. We see this is a humiliation for all of us. Such act should be legally challenged in international court.

We are aware that GCM’s directors continue to lobby Bangladesh’s corrupt ministers, politicians and elite businessmen. The company continues to harass local people and indigenous farmers. GCM has filed utterly false and multiple cases against 26 community organisers and frontline activists in the region.  Now they are selling shares in the name of Phulbari in other countries. Bangladesh government should denounce this utterly unethical act of GCM. Government must not allow this company to re-enter the region.

The Phulbari Verdict 2006 was written with our blood. We will never let GCM or any other company to enter Phulbari ever. We say loud and clearly that the construction of the coal mine in the region will never be possible. Not in our region. Not in our lifetime.

We call upon the government that this company be banned for ever.  We express our total disapproval of and outrage to GCM’s ongoing unethical and corrupt activities. We demand full implementation of the 6-points demand of the Phulbari Verdict.

We the undersigned,

Amar Chand Gupta, Bablu Rai,  Muahmmad Murtaja Sarkar Manik,

Sondhya Rani Rai, and 130 more community representatives.”

 

The above statement is translated by Rumana Hashem. The scanned copy of the original Bangla version of the community statement and the list of signatures are attached.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A protest outside GCM’s AGM held on Friday 28 December 2018 in central London. Copyright: Golam Rabbani

Stop GCM, Blockade the Coal Burglars!

Defend the Homes, Land, Livelihood and Environment

Protest at GCM’s AGM in London

 

Non-violent protest by affected communities and women’s resistance in August 2006

Global Coal Management Resources Plc. is a London-based AIM-listed extractive company that wants to build a massive open-pit coal mine by forcibly displacing 130,000 families of farmers in Phulbari. The company, previously known as Asia Energy, has been hotly resisted by locals for its fatal business policy. Three people were shot dead and two hundred injured when paramilitary force opened fire in a demonstration of 80,000 people that took place in opposition to plans by GCM in 2006 in Phulbari.

 

GCM do not hold a valid contract with Bangladesh, but they are selling shares in London Stock Exchange in the name of Phulbari coal project. They are aggressively moving ahead to build the coal mine. If the mine is built, it would destroy 14,600 hectares of highly cultivable land in northwest Bangladesh. It would pose threats to clean water resources for as many as 220,000 people, and would leave devastative impact on one of the world’s largest mangrove forests and UNESCO heritage site, the Sundarbans.

In return Bangladesh govt would gain nothing but economic exploitation. According to the proposed deal, GCM would extract coal for 30 years, while government of Bangladesh would get 6 percent royalty and the company would own and export 94 percent of the extracted coal. Moreover, the company would enjoy 9 years tax holidays and after 30 years they would own all of whatever coal would be remaining in the Phulbari coal-bed reserve. This is unacceptable!

GCM has recently reached a so called memorandum of understanding with Power Construction Corporation of China, Ltd. to implement the project. GCM’s CEO, Gary Lye, has been systematically abusing local opponents of the project. Lye has filed multiple arbitrary cases against 26 frontline local leaders against mining. GCM will hold their AGM in London on 28 December during the month of the climate summit #COP24. We must stop them. Blockade the coal burglars, GCM!

JOIN Us Inside and Outside the AGM!

Please confirm your participation via Facebook: https://www.facebook.com/events/376498479785077/

Protest Outside AGM

When? 9:30am-1pm, Friday 28 December

Where? 33 Cavendish Square, London W1G 0PW.

The protest will be loud, colourful and noisy. Feel free to bring along your organisational banners and any noisy instrument, and lots of friends to make noise:))

Proxy Inside AGM

When? 10am, Friday 28 December

Where? 33 Cavendish Square, London W1G 0PW.

Dissident shareholders will represent the communities inside the AGM. If you would like to join the delegation, please do get in touch with us. Please RSVP via email to: aktersk@gmail.com (Dr Akhter Sobhan Masroor) by Friday 14 December 2018.

Phulbari Solidarity Protest outside GCM’s AGM in December 2016. Photocredit: Golam Rabbani.

 

For further information contact: nationalcommittee.uk@gmail.com , phulbarisolidaritygroup@gmail.comTel: 07714288221, 07861686036.

Committee to Protect Resources of Bangladesh, UK branch http://www.protectbdresources.org.uk

Phulbari Solidarity Group www.phulbarisolidaritygroup.org

Reclaim The Power https://reclaimthepower.org.uk/

Call out – JOIN Protest at Vedanta’s Last London AGM on 1st October!

Monday 1st October, 2-5 pm Lincoln Centre, Lincoln Inn Fields, London, WC2A 3ED

On 1st October Vedanta will hold their last AGM in London before de-listing from the London Stock Exchange, under pressure from MPs and activists following the Thoothukudi massacre in Tamil Nadu May.

 

At this final AGM, Foil Vedanta will be celebrating the notable victory of Vedanta’s de-listing (which seriously curtails their corporate ambitions), and the success of grassroots activism which has shut down Vedanta’s operations in Goa, Tuticorin and Niyamgiri, with a carnival theme.

 

Please join  kick Vedanta out of London protest once and for all!

 

Bring drums, whistles and colourful flags and clothes!

 

Monday 1st October, 2-5 pm Lincoln Centre, Lincoln Inn Fields, London, WC2A 3ED

 

Decry the complicity of the City of London in Vedanta’s corporate massacre of 13 environmental protesters at Thoothukudi in May, the latest in a long history of corporate murders and massacres of activists by London mining companies.

Vedanta’s exit from London is in fact a ‘divorce of convenience’ for the City, who have totally failed to regulate Vedanta, or any other criminal mining company to this day.

 

We will also be releasing our report ‘Vedanta’s Billions: Regulatory failure, environment and human rights’ – which gives a comprehensive account of the company’s crimes at all of its operations, and the City of London’s complicity, on Thursday 27th Septmber, before the AGM.

 

On 1st October the company will also sign contracts for 41 new oil and gas blocks in India, where their subsidiary Cairn India (part of Vedanta Ltd) have already been using unconventional extraction methods (fracking) in Rajasthan.

We must hold them to account before they run away!

 

Please join the facebook event if you are able to attend!

#KickVedanta #BanSterlite #BringAnilAgarwal2Justice 

 

For further information about Vedanta, read a latest report here: Vedanta’s Billions- Regulatory failure, environment and human rights

:http://www.foilvedanta.org/news/vedantas-billions-regulatory-failure-environment-and-human-rights-report-released/

Homage Paid to Victims on Phulbari Day: 12 Years of Halt and Outburst against Coal Mine Celebrated

By Rumana Hashem

Yesterday, 26th August, marked 12 years of successful halt to and the outburst against an AIM-listed British company, Global Coal Resources Management (GCM) who wants to build a massive open cast coal mine by forcibly displacing 130,000 people in northwest Bangladesh. In 2006 three people were shot dead and two hundred injured as paramilitary force opened fire in a demonstration of 80,000 people who marched against plans by GCM in Phulbari. The day has been called Phulbari Day since. And a powerful resistance by people in the aftermath of the shooting against open-cast mine in Phulbari has put a decade long halt to the project.

Homage paid to victims at Al-Amin, Salekin and Tariqul’s memorial in Phulbari on Sunday, 26 Aug 2018. Photocredit: Nuruzzaman

This week two events were held in remembrance of the victims of Phullbari outburst. On Sunday, 26 August, the National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports in Bangladesh held a commemoration event in Phulbari, where community members and national environmentalists paid homage by flowers to the victims who were killed by paramilitary force, allegedly paid by the company, in Phulbari on 26 August in 2006.  The National Committee stated that there will be intense movement if the government fails to implement “Phulbari verdict 2006” by this December.

Earlier this week, the community activists under the banner of the Committee to Protect Resources of Bangladesh also held a commemoration event in London, where they have accused GCM for exploitation and harassment of the locals, for criminalising the society in Phulbari, and for ongoing corruption in Bangladesh. The committee has called upon the Bangladesh government for immediate implementation of the “Phulbari verdict 2006”.  Members of the UK Committee of NCBD also called for the de-listing of GCM from London Stock Exchange.

Community women and men paid tribute to Phulbari Victims in Phulbari on Sunday 26 August 2018. Photo credit: Nuruzzaman

If the mine is built, 130,000 families of farmers in Phulbari would be forcibly displaced. It would destroy 14,600 hectares of highly cultivable land, would pose threats to clean water resources and would leave devastative impact on one of the world’s largest mangrove forests and UNESCO heritage site, the Sunderbans.  Government has cancelled the company’s license, following the outburst in 2006, but GCM continued its dodgy deals and lobbying for Phulbari coal mine.

The company has been allegedly involved in various forms of abuse and harassment of opponents of the proposed Phulbari mine. Media report on the brutal death of Nasrin Huq , the former executive director of Action Aid in Dhaka, revealed also that Huq was killed in her car park for her opposition to the project in 2005.

Anu Muhamad, the Member Secretary of the National Committee in Bangladesh, said:

GCM is a fraudulent company. Government must ban both GCM and its plan for open cast coal mine. The export idea of 80 percent coal was rooted by GCM. Its Bangladesh subsidiary, Asia Energy, proposed to export extracted coal via Bay of Bengal and the point of coal terminal was that of the Sunderbans, the world’s largest mangrove forest.  GCM’s plans would have destroyed the Sunderbans. Besides, they have killed our people and wants to build a mine by displacing tens of thousands people from their homes. They are continuously harassing the locals and activists through filing false cases in the court, and they are criminalising our society by drug addiction. But they will not win.

Phulbari Day poster by the NCBD 23 Aug 2018. Credit: National Committee of Bangladesh

GCM does not have a valid contract with Bangladesh for coal mining but they are selling shares in the name of Phulbari project. Instead of leaving Bangladesh, the company has filed multiple cases against 26 key indigenous organiser’s, local leaders, farmers, small scale business entrepreneurs and students who opposed the mine in Phulbari. The arbitrary charges were formed on 25 July in 2016 at the Dinajpur Magistrate Court, which has been traumatising and abusing all those fighting the fraught.

The company has changed its name from Asia Energy to Global Coal Management in 2010, and continued lobbying for Phulbari coal mine in Bangladesh. Despite grave concerns at national and international level, GCM is pushing the government to give it a go ahead.

PROTEST AGAINST GLOBAL COAL MANAGEMENT PLC. AT THEIR AGM

By Raaj Manik

 

Despite the cold weather, a loud and theatrical protest was again held outside the AGM of British mining company Global Coal Resources Management (GCM) at the Aeronautical Society in 4 Hamilton Place in London at 10am today. In solidarity with the communities in Phulbari, where three people were shot dead as paramilitary officers opened fire on a demonstration of 80,000 people in 2006, protesters reaffirmed that they will not sleep until GCM is ousted from Bangladesh. A parallel protest followed by a press conference was held in Phulbari against the plans by GCM, an AIM-listed company who want to build a massive open cast coal mine by forcibly displacing 130,000 people in Phulbari, northwest Bangladesh. Inside the AGM in London, dissident shareholders asked questions on behalf of the communities in Phulbari and Dinajpur by accusing the company of human rights abuses as the CEO of the company has filed multiple arbitrary charges against 26 frontline defenders, indigenous farmers, small entrepreneurs and local leaders who opposed the mine.

Please see a short video of today’s protest in London!

Watch accounts of activists from Bangladeshi community and eye witness to Phulbari shooting here: GCM Must Leave Bangladesh NOW!

Read minutes of GCM’s AGM 2017: Flogging a Dead Horse

Coal play outside the AGM. Photo credit: Keval Bharadia, South Asia Solidarity

Climate activists and community defenders under the banner of Committee to Protect Resources of Bangladesh and Phulbari Solidarity Group , calling for three-point demands, blocked  the pavement at the main entrance of the Aeronautical Society for two hours. They demanded that GCM’s Chief Operating Officer, Gary N Lye, must withdraw all cases against activists in Bangladesh with immediate effect, that GCM must stop selling shares in the name of Phulbari project in London’s Alternative Investors Market, and that GCM must Leave Bangladesh immediately. The demo ended with a comedy coal show where activists wearing masks of coal thieves, Gary N Lye (CEO of the company) and Michael Tang (the Executive Chairman of the company), attacked a Bangladeshi woman holding coal from Phulbari. Protesters forced the maskmen to leave the premises and sang Phulbari jingles against coal mine: “your home and my home, Phulbari Phulbari”.

 

Dissident shareholders inside the AGM poured scorn on GCM’s 2017 Annual Report which claims that the company “Continued to make progress with principle partner China Gezhouba Group International Engineering Co Limited [CGGC, ultimately owned by China Gen Engineering Ltd.]”and that they are “Working on proposal for mine mouth power plant to provide integrated power solution for government of Bangladesh.”  The company claims, overlooking the declining of share price over the last month from £43.00 on 14 November to £26.38 today, that “Last month [it] raised 2m pounds before costs enabling all shareholders to participate and to enable GCM to continue pursuing strategy of joint mine and power plant proposal.” The report concludes by acknowledging “There are significant challenges ahead”, not least achieving approval to go ahead. They still believe that they are “in the right direction and hopes to continue momentum into New Year.” Shareholders condemning the report say that it represents a poor attempt to cover up the fact that they lost credibility and market confidence. The company has been drowning in bank loans, but still borrowing money and facing continuous loss.  GCM was again found violating human rights and disregarding the UN Guiding Principles on Business and Human Rights  at the UN Forum on Business and Human Rights Report 2017.

 

 

 

 

 

 

The UN Forum on Business and Human Rights is the global platform for yearly stock-taking and lesson-sharing on efforts to move the UN Guiding Principles on Business and Human Rights from paper into practice. The Phulbari case was highlighted at the 6th UN conference held on 27-29 November 2017 in Geneva and GCM’s failure was noted in Annual Report of UNFBHR 2017. Shareholders also note the Bangladesh government has not given the company the go-ahead because of a lack of a “social licence to operate” in Phulbari and anywhere else in Bangladesh. There was also an OECD complaint about GCM failing to keep obligations. An internal review of the UK governments investigation affirmed that the OECD 2011 guidelines do apply to human rights abuses that would occur if the project went ahead. GCM’s Board of Directors failed to respond to shareholders scrutiny. Today’s meeting ended in a rush, lasting less than an hour, as the Board was exhausted by questions.

 

Today’s protest echoed the demands made by the National Committee to Protect Oil, Gas, Port-Power and Mineral Resources in Bangladesh . Activists from 12 grassroots organisations, including Foil Vedanta, Grow Heathrow, London Mining Network, K M Protectors (North-east England),  Communist Party of Bangladesh – UK branch, Bangladesh Socialist Party, UK branch, Reclaim the Power, Plane Stupid, South Asia Solidarity Group, and the Socialist Party of England and Wales, joined the protest outside or inside the AGM.

 

Global Coal Management, formerly known as Asia Energy, has been allegedly involved in abuse and harassment of opponents of the proposed Phulbari mine. Media reports on the brutal death of Nasrin Huq, the former executive director of Action Aid, revealed that Huq was killed brutally in her car park because of her strong opposition to the project.[i] Later in August 26 in 2006, three people were shot dead and two hundred injured in a demonstration of 80,000 people who marched against plans by the company. It has been 11 years since the powerful resistance in the aftermath of the shooting against an open-cast mine in Phulbari has put a decade long halt to the project. Government has cancelled the company’s license but the company has been pushing the government to give them a go ahead.

 

Rumana Hashem, the PSG spokesperson and an eye witness to the Phulbari outburst in 2006, said:

“the company is abusing our people and criminalising society in Bangladesh. We will hold them to account here. We will not give up until London Stock Exchange de-list GCM. We will ensure that this company could never go back to Bangladesh.’”

Akhter Sobhan Khan of Committee to Protect Resources of Bangladesh said that:

“The company does not have a valid contract with Bangladesh; nevertheless they are selling shares in the name of Phulbari project. London Stock Exchange must de-list GCM as they are doing deceitful marketing of the project”.

 

If the mine is built, it would not only displace 130,000 families of farmers in Phulbari but also would destroy 14,600 hectares of highly cultivable land, would pose threats to clean water resources and would leave devastative impact on one of the world’s largest mangrove forests and UNESCO heritage site, the Sunderbans. In February 2012, seven UN rapporteurs expressed grave concerns to the project, and at national and international level. The UK National Contact Point has acknowledged the strong opposition to the project in an assessment in 2015.

[i]               The mystery death of Nasrin Huq – a report to which the company was not able to respond, was derived from http://www.guardian.co.uk/world/2006/sep/03/bangladesh, last cited on 01. 01. 2013

 

For further information on GCM and Phulbari resistance:

Visit PSG Facebook page: https://www.facebook.com/phulbarisolidaritygroup/

Watch accounts of activists from Bangladeshi community and eye witness to Phulbari shooting: GCM Must Leave Bangladesh NOW!

Check out the Facebook event page for updates and more photos

Read full report of GCM’s AGM 2017: Flogging a Dead Horse

Read the memorandum of Tuesday’s demo outside the AGM: GCM Must Leave Bangladesh Now

Read News about GCM’s paperless business in Bangladesh here

Read also how GCM’s CEO Gary Lye was evicted from Phulbari: Prothom Alo News

News about Bangladesh government’s latest position about is here: Asia Energy/GCM

Read also report of LMN about previous AGM of GCM here

Socialist Party’s London Youth Organiser Helen Pattison explains why GCM must be stopped here:  https://youtu.be/CzoXC4MNdx0

Watch a Bengali version, featuring statement by the member secretary of Committee to Protect Resources of Bangladesh, UK branch, of the demo 2017: https://youtu.be/v35x0Tr0bC0