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New Mexico Divests from Sudan |
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Governor Bill Richardson directs New Mexico Permanent Fund to divest $45 million from seven companies that support the Government of Sudan, becoming the 22nd state to divest from Sudan. New Mexico will be divesting $16 billion from the ‘worst offenders’, including Sinopec, Lundin Pertoleum, and PetroChina. In addition, the SIC will prohibit future investments in over a dozen additional companies identified by the Sudan Divestment Task Force.
In a press statement from the SIC, State Investment Officer Gary Bland said the decision will send a “strong message to the corporate world that New Mexico will not accept investment profits that come at the expense of innocent lives lost to genocide.”
See the Sudan Divestment Taskforce press release at www.sudandivestment.org. |