Almost two years ago Oxfam revealed that Australia’s Big 4 Banks — the ANZ, Commonwealth Bank, NAB and Westpac — are backing agriculture and timber companies linked to land grabs in developing countries.
A Thai environmental auditing firm has confirmed that it is assessing the fallout from a trio of plantations in Oddar Meanchey province that Thai sugar giant Mitr Phol abandoned in late 2014 amid mounting accusations of land grabbing.
Three local NGOs have filed a complaint with international sugar industry group Bonsucro for readmitting Thai sugar giant Mitr Phol even though thousands of families forced off the company’s former plantations in Oddar Meanchey province have yet to be fully compensated.
Kurt Langbein, director of a documentary film, “Land Grabbing“ visits the scenes of land grabs and talks to farmers, local communities and to the investors behind the schemes. The injustice of this destructive “development” model could not be clearer.
French owned plantation firm Socfin has restarted talks with indigenous villagers affected by its plantations in Mondulkiri province, Cambodia, with the UN saying the process could be replicated across a region dominated by agro-industrial firms.