The Save Darfur Coalition today launched the latest phase of its divestment advertising campaign with provocative national television and online advertisements targeting genocide-linked investments held by firms Franklin Templeton, JP Morgan, Vanguard, Fidelity Investments, and Capital Group. The coalition also unveiled new "station domination" divestment advertisements in San Francisco's Montgomery Street BART Station specifically targeting San Mateo-based mutual fund company Franklin Templeton. To view the television or online ad, click here: http://www.savedarfur.org/divestment/presskit .
"This phase of the Divest for Darfur campaign urges every American to ask their financial advisor and mutual fund company one simple question: ‘Am I invested in genocide?'" said coalition spokesman, Allyn Brooks-LaSure. "Because firms such as Franklin Templeton are so heavily invested in Chinese oil company PetroChina, the answer too often will be ‘yes.' American mutual fund companies must shed their ties to investments that extend the suffering and misery for millions of Darfuris, because American investors don't want to bankroll genocide."
Divestment activists said the five firms are the largest U.S. mutual fund company investors in Chinese oil company PetroChina. According to the targeted divestment model developed by the Sudan Divestment Task Force, PetroChina through its parent company CNPC, is the worst of the "highest offending" companies helping to fund the genocide in Darfur.
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