The internationally active investment firm Helvetica Invest AG, which is
located in Switzerland, removed Volkswagen from its stock option list, once
it became known that Volkswagen had actively participated in the persecution
of Falun Gong practitioners in China.
On December the 19th 2003, The Epoch Times reported Volkswagen’s illegal
treatment of job seekers in China. According to the article, university
graduates in China were not considered for a job if they were unwilling to
sign a guarantee statement included a promise not to practise or support
Falun Gong.
The management of Helvetica Invest AG asked its researchers to remove
Volkswagen from the Top Pick list. Volkswagen will not be included in the
stock option list until it desists from participation in the persecution.
Helvetica Invest AGs does not include a customer in its stock purchase
options that participates in the persecution of innocent people.
Furthermore, the management decreed that if any other company is found to be
a participant in the persecution, it will no longer be offered among its
stock options. Helvetica Invest AG wished to increase awareness of the words
used after the Holocaust – “never again” – that were frequently expressed in
the West after the second World War. A massacre like the one committed
against the Jewish people is never to be repeated again. However, China is
well on its way to a massacre with its persecution of Falun Gong. No one can
support this. International companies should not forget the recent Holocaust
lawsuits.
Translated from German at
http://de.clearharmony.net/articles/200312/14004.html
Posting date: 6/Jan/2004
Original article date: 5/Jan/2004
Category: Media Report
