Pambazuka - Popular resistance and corporate landgrabbing in Sierra Leone - 0 views
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Socfin SL is a subsidiary of Socfin (Société Financière des Caoutchoucs), an investment holding company, whose main shareholder is Vincent Bolloré, a prominent French businessman, who manages myriad of companies worldwide through his Bolloré Group.
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We also realized the dramatic power imbalance prevailing in this conflict: a few hundred farmers and land owners on one side and the government of Sierra Leone and its police backing a firm which is a subsidiary of a giant multinational group.
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The Oakland Institute report shows how Socfin’s plantations have faced resistance by local populations and indigenous groups, and how Socfin’s subsidiaries systematically use the threat of legal action against their critics. In 2010, the group sued a French journalist and a photographer for their respective reporting over the activities of SOCAPALM in Cameroon.
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