I wonder how many corporations are breaking the law in NZ by doing business with investors like JP Morgan and Bank of America following today’s news in the Guardian about Cluster Bomb investors?
According to the report they have linked to, NZ has tough penalties (see below), but predictably no reliable tools for finding such investors. I think it’s our duty to inform them.
**********
How is the legislation enforced?
–
The New Zealand law defines penalties, but does not provide for supervision or monitoring tools.
A person who commits an offence against the investment prohibition is liable on conviction on
indictment to imprisonment for a term not exceeding 7 years or a fine not exceeding $500,000 or
both.
688
–
Were the New Zealand government to publish a list of cluster munitions producers, this would provide
a strong tool for determining whether there is an intention or knowledge that the funds will be used
to finance the production of cluster munitions
@ Jenny – it is the governments job to protect the crooks.
Sadly with National in power it is a case of ‘all for one and NONE for all.’
Yes, sadly I’m sure that’s how this will unfold. The law will be changed to protect business interests rather than human lives.
Why is JP Morgan allowed to operate at all in NZ given the current laws on cluster munitions?
Absolutely disastrous atmospheric CO2 measurements just keep coming, and the latest is quite shocking:
Daily CO2
June 15, 2016: 407.31 ppm
June 15, 2015: 402.21 ppm
Up 5.10 ppm (versus 2005-2014 average of 2.11 ppm per annum)
https://www.co2.earth/co2-acceleration
scary alright
I wonder how many corporations are breaking the law in NZ by doing business with investors like JP Morgan and Bank of America following today’s news in the Guardian about Cluster Bomb investors?
According to the report they have linked to, NZ has tough penalties (see below), but predictably no reliable tools for finding such investors. I think it’s our duty to inform them.
**********
How is the legislation enforced?
–
The New Zealand law defines penalties, but does not provide for supervision or monitoring tools.
A person who commits an offence against the investment prohibition is liable on conviction on
indictment to imprisonment for a term not exceeding 7 years or a fine not exceeding $500,000 or
both.
688
–
Were the New Zealand government to publish a list of cluster munitions producers, this would provide
a strong tool for determining whether there is an intention or knowledge that the funds will be used
to finance the production of cluster munitions
@ Jenny – it is the governments job to protect the crooks.
Sadly with National in power it is a case of ‘all for one and NONE for all.’
Yes, sadly I’m sure that’s how this will unfold. The law will be changed to protect business interests rather than human lives.
Why is JP Morgan allowed to operate at all in NZ given the current laws on cluster munitions?
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