Queen's pulls out of Darfur

March 8, 2007

Fund managers at Queen's University have received instructions to divest endowment funds in two Chinese companies currently operating in Sudan: PetroChina and China Petroleum.  Human rights advocates have strongly objected to both companies, claiming that revenue from their operations is provided to the Sudanese government, and then used to fund, equip, and support genocidal acts in Darfur.  Queen's University is the first in Canada to divest itself of investments in Sudan.  Harvard, Yale and Brown (among other US schools) have already taken similar action.  STAND Canada News Release | Canadian Press