BUSINESS

French firm urged to reimburse farmers in alleged land grabs

Jun 4, 2015, 10:06 AM

PARIS (AP) — Activists called Thursday for French conglomerate Bollore to return land, or compensate farmers, over disputed concessions for plantations in Cambodia and three African countries.

The Peasants’ Confederation and other farmers’ rights groups sent a letter to Bollore and held a small protest Thursday ahead of a shareholders’ meeting. Bollore is the largest shareholder of Socfin, which has been accused by activists of land grabs in Cambodia, Liberia, Cameroon and Ivory Coast.

Talks began last year over farmers’ claims that they weren’t adequately compensated for their land.

In response to the letter, Bollore said in a statement that an “independent audit” would be carried out. The statement did not elaborate.

Socfin has said it is committed to “responsible consideration of … communities affected by growers and mills.”

Cambodia’s government granted three concessions to Socfin and a Cambodian partner to grow rubber on land where the ethnic minority Bunong people resided, prompting conflict.

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French firm urged to reimburse farmers in alleged land grabs