Fidelity Hit By Rights Group For Its Talisman 'Slave-Stock', Reports The American Anti-Slavery Group

Apr 26, 2001, 01:00 ET from The American Anti-Slavery Group (AASG)

    BOSTON, April 26 /PRNewswire/ -- The American Anti-Slavery Group (AASG)
 today called upon Fidelity Investments of Boston to rid its mutual funds of
 Talisman Energy, the Canadian oil giant accused of contributing to genocide
 and the enslavement of Africans in Sudan.
     Charging that Talisman oil fields are being cleared by enslaving and
 murdering Africans," Charles Jacobs, AASG President, asked Fidelity CEO Edward
 Johnson III to "act quickly." "Fidelity is America's largest holder of
 Talisman shares," he noted.
     AASG has persuaded pension and mutual funds to sell off their Talisman
 shares.  "New York, New Jersey, Wisconsin, California, New York City, divested
 their worker pensions of Talisman." "TIAA-CREF, world's largest pension fund
 listened to us and divested," Jacobs said
     AASG is sending Johnson today's report of Canadian M.P. Joe Fontana's
 April 19-21 visit to Sudan where he interviewed villagers displaced from their
 homes in Talisman's Kaikang oil exploration concession.
     According to Christian Solidarity International (CSI) which led Fontana's
 trip, survivors told Fontana about raids the village, Pibor, near Mayom: "The
 Arabs came early in the morning. I saw the soldiers cut the throats and shoot
 male captives ...  They tied the hands of the women and children and took them
 away. Ten of my own relatives were enslaved."  CSI says most people from now
 depopulated Pibor are Roman Catholics. Fontana was given the names of 48
 people who were enslaved by armed forces of the Government of Sudan,
 Talisman's partner.
     AASG President Jacobs said, "Fidelity didn't know this. We told them
 Khartoum uses oil profits for its `Jihad - holy war.' But now we know
 Talisman's oilfields are "cleansed" by murdering and enslaving blacks.
 Talisman's partner, the Nazi-like Islamist regime sees the black Christians as
 "untermentchen" - they define them as "dhimmis" - a religious underclass.
 Fidelity won't want to market a racist-like slave-and-slaughter stock."
     Jacobs returned from Sudan on April 2, where he spoke to women and
 children redeemed from slavery. In September, he was presented with Boston's
 first Freedom Award by Coretta Scott King.
     "Fidelity is a strong force for good in our Boston community," Jacobs
 said, "but its fund managers must not understand the awful consequences of
 their investment for communities in southern Sudan." AASG is holding a Freedom
 March on the Boston Common Saturday, April 28. It will be led by escaped
 slaves and the "lost boys" from Sudan.
     AASG's Divestment Backgrounder:  http://www.anti-slavery.org/oil
 
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SOURCE The American Anti-Slavery Group (AASG)
    BOSTON, April 26 /PRNewswire/ -- The American Anti-Slavery Group (AASG)
 today called upon Fidelity Investments of Boston to rid its mutual funds of
 Talisman Energy, the Canadian oil giant accused of contributing to genocide
 and the enslavement of Africans in Sudan.
     Charging that Talisman oil fields are being cleared by enslaving and
 murdering Africans," Charles Jacobs, AASG President, asked Fidelity CEO Edward
 Johnson III to "act quickly." "Fidelity is America's largest holder of
 Talisman shares," he noted.
     AASG has persuaded pension and mutual funds to sell off their Talisman
 shares.  "New York, New Jersey, Wisconsin, California, New York City, divested
 their worker pensions of Talisman." "TIAA-CREF, world's largest pension fund
 listened to us and divested," Jacobs said
     AASG is sending Johnson today's report of Canadian M.P. Joe Fontana's
 April 19-21 visit to Sudan where he interviewed villagers displaced from their
 homes in Talisman's Kaikang oil exploration concession.
     According to Christian Solidarity International (CSI) which led Fontana's
 trip, survivors told Fontana about raids the village, Pibor, near Mayom: "The
 Arabs came early in the morning. I saw the soldiers cut the throats and shoot
 male captives ...  They tied the hands of the women and children and took them
 away. Ten of my own relatives were enslaved."  CSI says most people from now
 depopulated Pibor are Roman Catholics. Fontana was given the names of 48
 people who were enslaved by armed forces of the Government of Sudan,
 Talisman's partner.
     AASG President Jacobs said, "Fidelity didn't know this. We told them
 Khartoum uses oil profits for its `Jihad - holy war.' But now we know
 Talisman's oilfields are "cleansed" by murdering and enslaving blacks.
 Talisman's partner, the Nazi-like Islamist regime sees the black Christians as
 "untermentchen" - they define them as "dhimmis" - a religious underclass.
 Fidelity won't want to market a racist-like slave-and-slaughter stock."
     Jacobs returned from Sudan on April 2, where he spoke to women and
 children redeemed from slavery. In September, he was presented with Boston's
 first Freedom Award by Coretta Scott King.
     "Fidelity is a strong force for good in our Boston community," Jacobs
 said, "but its fund managers must not understand the awful consequences of
 their investment for communities in southern Sudan." AASG is holding a Freedom
 March on the Boston Common Saturday, April 28. It will be led by escaped
 slaves and the "lost boys" from Sudan.
     AASG's Divestment Backgrounder:  http://www.anti-slavery.org/oil
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X17873424
 
 SOURCE  The American Anti-Slavery Group (AASG)