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January 27, 2010

 

Carleton Students Discover University's Links to Military Occupation: Launch Divestment Campaign

OTTAWA, January 27, 2010 – Carleton students have released a report detailing how the Carleton University Pension Fund invests in companies involved in violations of human rights and of international law.

The report was created by Students Against Israeli Apartheid (SAIA – Carleton), who are launching a campaign to end Carleton's unethical investments and to adopt a socially responsible investment policy.

BAE Systems, L-3 Communications, Motorola, Northrop Grumman and Tesco Supermarkets are the five companies profiled in the report. The report documents how these companies support the illegal Israeli settlements in the Occupied Palestinian Territories, perpetuate Israel’s illegal siege of the Gaza strip, and manufacture weapons and weapons components that are used to kill and maim Palestinian civilians, .

“Students are appalled to learn that Carleton is affiliated with companies providing support for illegal military occupation” says SAIA - Carleton member Yafa Jarrar. “We thought our University was guided by more than just the balance sheet.”

Carleton faculty who have heard about the campaign have been shocked to learn that their pension fund is tied into such unethical investments.

“I do not want my pension fund profiting from the sale of Hellfire missiles and Apache Helicopters,” say Trevor Purvis, who teaches Law at Carleton. “By investing in these firms, not only does Carleton violate its own ethical principles, but it essentially becomes complicit in breaches of international law and human rights violations.”

The divestment campaign will be launched this Thursday with an informational discussion featuring members of SAIA – Carleton, Faculty for Palestine, and the Carleton South African Anti-Apartheid Action Group. It will be held at 7 PM, in 360 Tory Building, Carleton University.

SAIA Carleton’s Divestment Report (1) and Campaign Video (2) can be viewed here:
(1) http://carleton.saia.ca/documents/DivestmentCampaign/CarletonUniversityDivestmentReport.pdf
(2) http://www.youtube.com/watch?v=vbegyuRbL1s&feature=player_embedded


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