16th March 2017. In its latest report, released on 9th March 2017, the Norwegian Council of Ethics has again excluded Vedanta from the Government Pension Fund’s investment universe. The report is an indictment of Vedanta’s pattern of operation at four subsidiaries in Odisha, Chhatisgarh, Tamil Nadu and Zambia, finding “numerous reports of Vedanta’s failure to comply with government requirements” and concluding that “there continues to be an unacceptable risk that your company will cause or contribute to severe environmental damage and serious or systematic human rights violations.”
The Fund first divested from the company in 2007 after Vedanta Sterlite’s operations in India — Thoothukudi, Chhattisgarh and Orissa — and in other parts of the world were found to be in violation of accepted human rights and environmental norms.
The Pension Fund is “the world’s largest sovereign wealth fund with shares in 9,000 companies. . .[and] 1.3 percent of the entire world’s listed equity, giving the decisions it takes to drop or reinstate shareholdings or warn firms considerable weight among investors.”
Read the Council’s full assessment of Vedanta’s operations below. Continue reading
On 2nd September indigenous Dongria Kondh and Dalit Bahujan residents of Niyamgiri mountain held a demonstration in Muniguda, Odisha, under the banner of Niyamgiri Suraksha Samiti. The protest demanded an end to harassment, false arrests and murder of indigenous activists by police and paramilitary forces, and rejected the involvement of NGO’s in their decades long movement to prevent Vedanta and other companies mining their sacred mountain.
Protesters blocked the main road for several hours and burnt tyres.
The demonstration is part of ongoing anger at the false arrest of Dasuru Kadraka, the thirty year old Dongria Kondh youth leader of Niyamgiri Suraksha Samiti (NSS), who was picked up from the Muniguda market by the police six months ago, and subsequently brutally tortured and implicated in several false cases.
Dongria Kond leader Lado Sikaka speaking to press
7th June, 2016. A seven day padyatra (foot march) involving occupants of up to 112 of the remote villages of the Niyamgiri hills ended on Sunday in Jaganathpur (Lanjigarh). The padyatra, led by the Niyamgiri Suraksha Samiti and indigenous leaders from the villages, amplified demands to decommission Vedanta’s Lanjigarh refinery and celebrated the recent victory when the Supreme Court turned down Vedanta’s appeal to the decisive 2013 referendums which had put an end to mining plans on the mountain, as well as protesting the ongoing harassment from the company and the colluding state government and police forces. Various local and national Indian media covered the major event which ended in a large rally on World Environment Day, 5th June. The Orissa Post reported that:
Coming down heavily on the government, Loda Sikaka, a member of the Samiti, said the government has unleashed a reign of terror on the foothills of Niyamgiri by deploying platoons of paramilitary forces and special operation group japans.
CRPF and SOG jawans, instead of checking Maoist activities and providing security to inhabitants, kill poor tribals under cover of encounters. They misbehave with tribal women, loot their houses, domestic animals and poultries, lodge false cases against innocent people by branding them Maoists. The most worrying factor us that the government is conspiring to snatch the livelihood of tribals by leasing out the hills to Vedanta for bauxite mining.
The procession aimed at gaining public support against alleged anti-tribal activities of the government. It also aimed at urging the government to ensure sustainable development of the region while keeping the ecology intact.
The fighting is not limited to this specific region. It is a struggle of the humanity to protect nature and civilisation, Dadhi Pusika, another member of the Samiti, said.
14th May 2016. On May 21st the high profile Jaipur Literature Festival will take place in Southbank London with Vedanta as its key sponsor*. Foil Vedanta and Roundtable India have authored this open letter to the many renowned authors taking part, asking them to boycott the event in view of Vedanta’s criminal activities.** The letter has been signed by eminent writers, academics, activists and people directly affected by Vedanta’s criminal activities. A protest will also be held outside the event from 10am to 1pm at the Southbank centre, SE1 9PX, London.
*JLF have now removed Vedanta’s logo from their website. Please see the original page with Vedanta logo on the internet archive.
** Please see the update to this post as authors are pulling out.
5th May 2016 With $2.9 billion in debt covenants and inter-company loans due in 2016 Vedanta is turning to increasingly controversial and irregular methods to bleed cash from its few profitable subsidiaries. Having already asset stripped the Zambian Konkola Copper Mines, being prevented by an employees union from getting access to Hindustan Zinc Ltd’s $4.6 billion cash reserves, and by shareholder action from getting hold of Cairn India’s cash, Vedanta are now paying themselves ridiculous 1200% dividends in a desperate attempt to grab the cash and keep the lenders happy.
A placard addressing NGO’s role in Zambia
A short version of this article was published in The Land magazine’s summer edition 2015. A PDF of the full version below can be downloaded here:Northern Governmental Organisations.
Northern Governmental Organisations: between the free market and the nation state
Samarendra Das and Miriam Rose
The NGO sector is one of the world’s largest industries. In 2009 there were 3.3 million NGOs (or 1 for every 400 people) in India alone, with money pouring in from Intergovernmental Organisations (IGOs), Western donor agencies and philanthropic funds.
Though some critiques of the big NGOs and humanitarian aid have reached the mainstream media in recent years, the general Western perception is that NGOs are doing important and effective work on behalf of millions of deprived people without a voice.
This article gives an alternative perspective. Based on conversations with grassroots activists and marginalised communities in India and Africa over many years of our work on extractive industries, we draw together the common critiques of advocacy and development NGOs in the ‘Third world’ or ‘global South’ – from their role in dividing and co-opting people’s movements by professionalising activism, to their lack of accountability to the people they claim to represent. We show that, behind the ‘rights based’ rhetoric, NGOs consciously or unconsciously serve the neoliberal interests of donor countries, institutions, and even companies.
August 1st 2014. Protesters from Foil Vedanta, MPs and other organizations today held a loud and colourful demonstration at the AGM of controversial FTSE 250 mining company Vedanta at the Lincoln Centre, Lincoln Inn Fields, London. On 31st August parallel demos were held in Odisha, Delhi and Johannesburg. 400 miners protested Vedanta’s Konkola Copper Mines in Ndola, Zambia. In Odisha, India, a consultation on the proposed six fold expansion of the Lanjigarh refinery on 30th July met with major opposition after Vedanta lost permission to mine the Niyamgiri Hills this year. Meanwhile, Vedanta are accused of tax evasion and mismanagement at their Konkola Copper Mines subsidiary in Zambia after investigations revealed they may be externalising up to $500 million per year in profits.
60 people railed against Vedanta’s London AGM today, representing a variety of organisations including diaspora from Zambia, Goa, Tamil Eelam and Odisha where Vedanta is currently embroiled in scandals and accused of major illegalities. Tamil Parai drummers kept up a loud rhythm throughout the demo. Shortly before the AGM started at 3pm a huge banner was unfurled from the top of the next door building saying ‘Vedanta out of London’ eliciting cheers from the crowd. The protesters were joined by a 6m inflatable blade of grass referring to Anil Agarwal’s repeated claim at previous AGMs that Vedanta ‘have not touched a single blade of grass’ at the Niyamgiri Hills. Company executives were hassled as they entered the AGM.
See the film of today’s demo in London here, and the Parai dummers here, and see MP John McDonnell and others update the protesters after the AGM here.
And photos on Demotix here and here
A full account of the questions asked inside the AGM, and Vedanta’s responses can be found at London Mining Network’s website here.
Coverage by: Economic Times, Activists protest at Vedanta’s AGM over alleged illegalities
The Ecologist, India: Foil Vedanta protests erupt in Delhi
Odisha Sun Times, Foil Vedanta stage protest in London; decries company’s move in Odisha.
The Statesman, Protesters target Vedanta, Govt.
31st July, 2014. Yesterday public hearings on the six fold expansion of the Lanjigarh refinery, at the base of the Niyamgiri Hills in Odisha, were disrupted by around 1000 local people including Dongria and Kutia Konds virulently opposing the expansion.
Some Konds waved their axes demanding that Vedanta (Sesa Sterlite) leave Lanjigarh immediately and citing their objection to the Niyamgiri mine (voiced unanimously in a precedent referendum last year). The Land Losers Association also registered their objection citing the false arrests and imprisonment they have suffered since losing their land to Vedanta without proper compensation or employment as Vedanta had promised. A recent report from a local activist detailed how 34 of the Land losers have died since they lost their land, attributing this to poverty and disease from the Lanjigarh plant.
See a film of the public hearing and the key points raised by opposing groups here.
Miriam Rose, Samarendra Das, John McDonnell MP and Richard Solly in the House of Commons
Speakers from Foil Vedanta and London Mining Network yesterday presented evidence in the House of Commons on the criminal behaviour of some London Listed mining companies, and called for better accountability measures and the de-listing of criminal companies. Focusing on contentious UK miner Vedanta Resources, they exposed new evidence of tax evasion, illegal land grabs, displacement, major pollution and water poisoning, as well as the UK’s role in promoting and protecting the company, and called for its immediate investigation and potential de-listing in London.
In a packed meeting hosted by John McDonnell MP in the House of Commons speakers told MPs, journalists, diplomats and members of the public attending that high risk mining companies like ‘the world’s most hated company’ Vedanta Resources are bringing shame on the London Stock Exchange, and demanded better accountability measures and the de-listing of criminal companies. MPs attending were Jeremy Corbyn, Eric Joyce and John McDonnell.