Community | September 05, 2012 | 0 comments

Article: Oakland Institute, Greenpeace expose New York investors' land grab in Cameroon

Oakland, USA, 5 September, 2012 - An American owned company with a track record of illegality and links to private equity giant Blackstone Group threatens to destroy rainforests and dislocate local communities in Cameroon. A new report (1) from The Oakland Institute, in collaboration with Greenpeace International, exposes how a New York-based agri-corporation, Herakles Farms, and its local subsidiary SG Sustainable Oils Cameroon (SGSOC), are involved in a land deal that is questionable under Cameroonian Law, opposed by locals since 2010 and has just pulled out of the industry's sustainable certification scheme (2).
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  2. tags:
    Rainforests Cameroon Blackstone Group greenpeace action
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