In London today activists from Foil Vedanta and other grassroots groups held a silent symbolic demonstration outside the Financial Services Authority headquarters in Canary Wharf, calling for the new Financial Conduct Authority to de-list Vedanta from the London Stock Exchange for poor corporate governance and human rights crimes in Niyamgiri and elsewhere. They handed over documentation and arranged to meet FCA officials in future.
Simultaneously the Indian Supreme Court held another hearing on Vedanta’s planned mega-mine which threatens the Dongria Kond tribe who live in the Niyamgiri hills. If permission to mine is denied Vedanta is likely to close its Lanjigarh refinery due to lack of bauxite costing them billions.
See the video of today’s demonstration at the FCA, and also the new video of our previous demonstration at Vedanta Headquarters.
A loud group of protesters from Foil Vedanta and other grassroots groups mobbed the company’s Mayfair headquarters today holding a banner reading ‘FCA: de-list Vedanta’. The demonstration called for the Financial Conduct Authority to remove Vedanta from the London Stock Exchange for poor corporate governance and human rights crimes.
Simultaneously the Indian Supreme Court deferred its final verdict on Vedanta’s planned mega-mine until 21st January. If permission to mine is denied Vedanta is likely to close its Lanjigarh refinery due to lack of bauxite costing them billions.
Yesterday five hundred tribals and farmers from the Niyamgiri hills rallied against the company, while today in New York protesters gathered outside the UN. On Sunday the Minister of Rural Development Jairam Ramesh plans to meet the Dongria Kond on the threatened mountain1.
See the video here!
Protesters from a variety of grassroots groups (including Foil Vedanta, Phulbari Solidarity Group, South Asia Solidarity Group Japan Against Nuclear, Tamil Solidarity, National Committee of Bangladesh, Climate Justice Collective, the UK Committee to Protect Oil, Gas, Power-Port and Mineral Resources, Occupy London, World Development Movement and London Mining Network) gathered at Vedanta’s London headquarters today to add their voice to recent pressure for Vedanta to be de-listed from the London Stock Exchange for its poor corporate governance, illegal operations and major human rights violations.(1) They shouted ‘Vedanta out of London’ and blew horns and whistles. Several parliamentarians and the former CBI Director Richard LambertLondon have highlighted how Vedanta’s listing is used for legal immunity to hide their corporate crimes.(2)