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Media Release: HSBC faces protest for profiting from human rights abuses

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World

British high street bank HSBC profits from Israel’s military violence against Palestinians through investments and loans to companies which supply military equipment to Israel.

WireService.ca Media Release (04/16/2018) - Israel’s security forces use such weapons for brutal and illegal violence against Palestinians, including extrajudicial executions, attacks on unarmed protesters, house demolitions using armoured equipment, mass arrests and the military blockade and large scale bombings on the Gaza Strip.

Ryvka Barnard, Senior Campaigner on Militarism and Security at War on Want, said: “HSBC holds millions of pounds worth of shares in companies like BAE Systems, Boeing, and Elbit Systems, whose weapons are used in Israeli military attacks on Palestinian civilians. As long as HSBC maintains business with companies arming Israel, its role in the oppression of Palestinians will continue to raise alarm and generate protest.”

Ben Jamal, Director of Palestine Solidarity Campaign, said: “HSBC claims it has a commitment to upholding human rights. If this commitment is sincere, it must end its complicity in the arms trade with Israel. In recent weeks, the world has witnessed just how shamelessly Israel uses lethal force against Palestinian civilians. We join concerned citizens across the UK in telling HSBC to live up to its responsibilities and stop making a killing from Israel’s daily and systematic violence against Palestinians.”

Ayed Abu Eqtaish, Accountability Programme Director at Defence for Children International -Palestine, said: “Israeli forces are using live ammunition for crowd control to disperse protesters in Gaza, ignoring their obligation under international law to only resort to intentional lethal force when a direct, mortal threat to life or of serious injury exists. The cost of systemic impunity is that wilful killing of civilians is now routine, putting Palestinian children at higher risk of death and critical injury.”

Follow the campaign and the protest online with #StopArmingIsrael and #HSBComplicity

Press Contacts

Sawsan Bastawy
Media and Communications Officer
media@palestinecampaign.org

Marienna (‘Mya’) Pope-Weidemann
Press Officer
media@waronwant.org

 


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