• A noise demonstration and theatrical ‘trial’ of mining and oil executives speaking at the summit will disrupt Monday’s meeting.

• Protesters highlight the role of key speaker at the summit Mark Moody-Stuart, a former Shell exec who was complicit in the repression and hanging of Ken Saro Wiwa and eight others in Nigeria in 1995.

On Monday 29th June protesters from Foil Vedanta (1) and other organisations, will attempt to disrupt the 6th Annual Responsible Extractives Summit (3) at the Tower Bridge Hilton, London. They will play loud drums and hold banners and placards detailing the ‘true faces’ of some of the key speakers on ‘social responsiblity’ at the event. In a theatrical ‘trial’ protesters wearing masks of the key figures will be found guilty of crimes against humanity and the environment.

Protesters will object to the invitation of Mark Moody-Stuart, author of the book ‘Responsible Leadership: Lessons from the frontline of Sustainability and Ethics’, and former Managing Director of Shell Plc. Moody-Stuart presided over Shell’s collusion with the Nigerian military1 which resulted in the hanging of nine indigenous Ogoni activists including Ken Saro Wiwa in 1995, for which Shell paid $15.5 million in an out of court settlement in 2009, but did not admit guilt2.

Foil Vedanta protesters will highlight recent activities of Vedanta Resources(4) CEO Tom Albanese, the summit’s headline speaker. Albanese was Chairman of Vedanta subsidiary Konkola Copper Mines (KCM)3 earlier this year when they refused to pay compensation to 2000 victims of water poisoning in Zambia’s copperbelt, caused by a major pollution incident at KCM’s Chingola plant in 2006 where pure acid was released into the river Kafue.4 The Supreme Court of Zambia found KCM guilty of gross pollution this April but removed the $2 million compensation earlier awarded by the High Court under pressure from KCM’s lawyers.5 Albanese has also presided over the suppression of the Sandeep Bakshi Judicial Commission report which holds Vedanta guilty of negligence in the 2009 chimney collapse which killed 40 workers at Korba, Chhattisgarh, India.

Albanese was previously CEO of Rio Tinto Plc, accused of genocide around their Panguna copper and gold mine in Bouganville, Papua New Guinea, as well as gross pollution and collusion with the Indonesian military at their Grasberg mine.6

Attilah Springer from Foil Vedanta says:

“Corporate social responsibility is the new face of imperialist soft power that multi-national corporations practice all over the developing world. We condemn these safe and self-congratulatory gatherings that take place far from the front lines of catastrophic environmental damage and human rights atrocities. CSR is a pill of liberal dishonesty to help corporate criminals sleep well at night. They need a wake up call.”

The protesters will also highlight the role of investment firms and the UK government in creating price instability and enabling tax evasion from natural resource producing nations. They note that JP Morgan, also speaking at the event are working with Blackrock and Goldman Sachs to buy up 80% of available copper, and hold it in warehouses creating a copper futures market enabling speculation, futures trading, and backing of new loans & funds.

Henry Bellingham MP, the former Under-Secretary for Foreign Affairs and the Commonwealth, will also present at the summit. His brief included presiding over the British Overseas Territories, which include many of the British controlled tax havens such as the Cayman Islands and Bermuda, which enable tax evasion and capital flight from resource rich countries on a massive scale (estimated to be $148bn per year from Africa)7 by mechanisms such as transfer pricing.

Foil Vedanta www.foilvedanta.org

1. Foil Vedanta are a London based international solidarity group focusing on the activities of FTSE 250 British mining company Vedanta. We link up communities across India and Africa affected by Vedanta’s operations, and hold the company to account in London.

2. The Responsible Extractives Summit is ‘the leading CSR forum for the mining, oil and gas industry. The conference brings together 200+ top level executives to debate and solve the key issues around sustainability and social performance in extractives.’ 8

3. Vedanta is a FTSE 250 diversified oil and mining company, who have been named the ‘world’s most hated company’ by the Independent newspaper for their long list of environmental and human rights crimes for which they are being opposed all over the world9.

1http://priceofoil.org/2009/06/15/shells-secret-collusion-documents/
2http://www.theguardian.com/environment/cif-green/2009/jun/09/saro-wiwa-shell
3http://kcm.co.zm/news/kcm-board-appoints-tom-albanese-as-chairman/
4The judgement ‘Nyasulu and Others v Konkola Copper Mines Plc and Others’. Case No:2007/HP/1286. 1 January 2011 can be found at www.zamlii.org/zm/ judgment /highcourt/2011/86
5http://www.lusakatimes.com/2015/04/03/the-supreme-court-upholds-kcms-high-court-guilty-verdict-of-water-pollution-which-poisoned-more-than-2000-people-in-2006/
6http://www.foilvedanta.org/news/tom-albanese-blood-on-your-hands/
7http://www.issafrica.org/iss-today/copper-and-capital-flight-how-corporate-debt-becomes-public-debt
8http://events.ethicalcorp.com/extractives/
9 ‘http://www.independent.co.uk/news/business/analysis-and-features/vedanta-resources-the-worlds-most-hated-company-2037977.html
Miriam Rose (Foil Vedanta)