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Tuesday 16 August 2011

UK taxpayers finance illegal, inhumane weapons

Episode 3 of Amnesty International TV has launched today! You can view it on this link
http://www.youtube.com/amnestytvhttp://www.youtube.com/amnestytv

This edition highlights the scandal of the  investment by major British banks, some of them using taxpayers money, in illegal weapons, notably cluster bombs.


Cluster bombs kill and maim indiscriminately – 98 per cent of victims are civilians and a third of those are children. This is why over 100 countries – including the UK – have signed up to an international treaty banning their manufacture and use.
Yet over a year after this treaty came into force, and despite the fact that cluster bombs are now banned in the UK, some UK-based banks continue to invest in companies which make them.
Stop investment in companies that make cluster bombs
The worst of these is the Royal Bank of Scotland – which, don’t forget, is now over 80 per cent owned by UK taxpayers. RBS is known to have invested $80 million in companies which manufacture cluster bombs in the past year1.
Take action: email the Chief Executive of RBS now
Cluster bombs can remain deadly for years, much like landmines. So civilians in places like Georgia, Kosovo, Lebanon and Laos are at risk long after the fighting has ended. As a member of the global Cluster Munition Coalition2, we’re working to end the suffering cluster bombs cause. But we need organisations like RBS to take responsibility for the part they play.
Should a taxpayer-funded bank be investing in companies making weapons which are banned by this country? Should any bank invest in companies which make these appalling weapons?
If you think not, please take action now

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