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Monday October 21, 2002 16:28
by redJaDe
Sanctions urged for Congo plunderers
Monday, 21 October, 2002, 15:02 GMT 16:02 UK
Sanctions urged for Congo plunderers
http://news.bbc.co.uk/2/hi/business/2345727.stm
A United Nations panel has called on the Security Council to impose financial sanctions against companies and individuals who plunder the Democratic Republic of Congo's wealth.
Companies named as violating ethical guidelines
Anglo American
Barclays Bank
Bayer
De Beers
In the report, the five-member panel details how the Rwandan government and army, the Ugandan army, and Congolese and Zimbabwean government officials plan to continue to exploit the DR Congo's resources.
The central African nation is rich in gold, diamonds, cobalt, copper and coltan, which is used in mobile phones, and medicinal barks.
The scramble for those resources has helped fuel a four-year war in which two million people have died.