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Iskandar Malaysia, MMC's affiliation with a badly reputed oil company, Vitol Terminal BV |
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Written by Helmi
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Tuesday, 08 September 2009 12:07 |
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Last year Iskandar Malaysia roped in the Vitol Terminal BV, a unit of the Rotterdam-based Vitol Group, as its major investor on oil terminal project. It has a 30-year land deal with the Malaysian Mining Corporation (MMC) to develop a petrochemical and maritime centre in Tanjung Bin, Johor.
Not to the knowledge of the Malaysian public, this major investor has unscrupulous reputation - It brokered an illegal oil deal with Serbian war criminal that led 6,000 Bosnian Muslims to their deaths.
According to "The Observer", in 1995 Vitol signed a deal with a Serbian company, Orion, to sell thousands of tonnes of oil to the former Yugoslavia. It was established that Vitol gave $1 million to war criminal Arkan, which million dollars presumably went on weapons and mercenaries. Only weeks after the deal was settled, Serb forces intruded into the United Nations 'safe area' of Srebrenica and killed 6,000 Bosnian Muslims, including babies.
(Note that the United Nations imposed a sanction in 1992 making it illegal to supply oil to Serbia. In 1997, Arkan was indicted by the UN war crimes tribunal in The Hague for crimes against humanity).
The BBC also quoted that Vitol has "got deep down and dirty in Iran, Iraq, Rwanda, Indonesia, and Nigeria for launching unlawful oil trading scheme".
Iskandar’s connection with Vitol would spurred an upheaval among the Malaysian Muslims and human right activist. And our fellow Malaysians deserved to know this.
References:
http://www.guardian.co.uk/world/2001/jul/01/balkans.warcrimes2 http://chrispaul-labouroflove.blogspot.com/2008/07/breaking-news-radovan-karadzic-captured.html http://cn.reuters.com/article/companyNews/idUKKLR12883420080926 http://www.businesstrendsasia.com/index.php?cat=11:29:176&art=1595
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Last Updated on Tuesday, 08 September 2009 12:08 |
So much for championing a 'good cause', if the above is true.