UC Board Questions Investments Linked to Sudan
Thursday, January 19, 2006
At issue is whether the University of California should withdraw funds from companies that have business ties to the Sudanese government.
Since early 2003, the Sudanese government has waged genocide against non-Arab Africans. Human rights groups estimate at least 400,000 people have been killed.
Through index funds, the University has at least $100 million invested in companies tied to that government.
Adam Rosenthal is a student on the Board of Regents. He says the decision is a positive step.
Rosenthal: "But I won't sleep easy until the University of California has made a full divestment of assets.
The Regents voted to tell their fund managers they're concerned about investing in Sudan and they want to establish a taskforce to study the issue. Amy Isackson, KPBS news.
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