"Deutsche Bank helps FELDA to take away our land and cut down rainforest," says Mazlan Aliman. The courageous farmer is voice of resistance in Malaysia. His cooperative is against the initial public offering of the palm oil giant FELDA, which is to take place on June 28, 2012. Because the money streaming in will be used for the large scale destruction of rainforest.
The Malaysian company FELDA wants to collect global holding company of ventures for new Palm oil plantations three billion dollars in the coming week on Malaysia's stock exchange. Deutsche Bank helps in the search for investors. FELDA is already the world's third-largest owner of palm oil monocultures, world's largest palm oil traders and a leading sugar producer.
Money for Rainforest destruction and votes
Rainforest destruction FELDA announced to go around the world on a shopping spree with money from the stock market flotation. Especially Indonesia and Africa are the focus of agricultural Ausbeuters. There are to rainforest areas, destroyed be purchased and converted to monoculture.
There is also a suspicion that votes for the upcoming elections should be bought with the stock exchanges money. The incumbent President Najib Razak has promised the members of the company each $5,000 from the IPO. The Party of herein is personnel closely interwoven with FELDA.
Deutsche Bank supports logging and land grab
Deutsche Bank may refer to this approach as ecological and socially safe. Mazlan Aliman and his colleagues see it differently: for them the IPO violates their rights and is tantamount to expropriation.
Please call on Deutsche Bank to distance themselves from the FELDA rainforest destruction and to promote any further land grab.