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Failed to adequately consult.Major Australian and international banks face human rights complaints from traditional owners over funding a $1.5bn loan for Santos’ Barossa offshore project in the Timor Sea.
Seven traditional owners have lodged complaints against the big banks and a raft of international financiers over human rights concerns, saying Santos failed to adequately consult the affected Tiwi communities about the impacts of the Barossa project and there was therefore no free, prior and informed consent - a key human right for traditional owners.
“ANZ and other banks should have undertaken due diligence and never funded Santos,” the statement released on Tuesday said.
The traditional owners include Dennis Tipakalippa, who prevailed in a federal-court case in September that found Santos had erred with the project and not held adequate talks with indigenous people about the development.
That decision caused upheaval across Australia‘s offshore oil and gas industry and raised concern over the permitting process for the development of new gas supplies.
The Barossa gas field, 300km north of Darwin, is being developed as a source of gas to keep Santos‘ Darwin LNG plant running with Japanese and South Korean gas companies among the investors in the project.
ANZ bank, one of the banks receiving the complaint, contributed the equal highest amount of $US65m ($97m) to the $US1bn loan and reportedly arranged it with the Commonwealth Bank of Australia (CBA) and Japan’s largest bank, MUFG, each earning $US2.5m ($3.7m) in fees, according to the statement released.
Therese Wokai Bourke, a Malawu clan leader filing the complaint, stated: “We want the banks to rethink what they’re doing and stop investing in companies that are destroying our world and environment. Banks are enabling Santos to continue doing what they are doing without any care about our human rights and what they’re doing to the environment we live in.”
The $US3.6bn project is a key development in a tightening global market, Santos chief executive Kevin Gallagher has said.
The Environmental Defenders Office said at the time the decision “sends a message to all gas companies that they cannot sideline First Nations people.” It previously said in September the ruling was a huge victory and would have global implications for consultation with First Nations people on resource projects.
Those processes have absolutely nothing to do with the Voice.For those who think the voice consultation process will have no bearing on the rest of Australia, one only has to look at what is happening over the Santos Barossa gas field.
Those processes have absolutely nothing to do with the Voice.
You still have not worked this out!
Are you happy to scaremonger or are you just incompetent and think you have a valid point?
Arrant nonsense!It's a valid example of the quagmire that we will be in if the Voice feels it hasn't got what they want.
No, it's a position based on the facts that relate to what the Voice is about.It's a danger that you willfully dismiss because of your ideological position.
You know that's not an argument, don't you?Try to think rationally for a change instead of getting all emotional.
And you think insult is a substitute for argument !Arrant nonsense!
You keep confusing existing laws with what is yet to be.
No, it's a position based on the facts that relate to what the Voice is about.
I haven't found anything you said to date to be particularly relevant to the Voice... just a lot of baseless opinions, ignorance and bigotry.
You know that's not an argument, don't you?
Apart from being untrue as I have consistently pointed out what you and others don't or won't understand. I even had to tell you why a question you asked should never have to be asked because you failed basic English comprehension.
Your posts on this topic - and you are not alone - have consistently shown an ignorance of the subject.And you think insult is a substitute for argument !
This is not Albanese's Voice,
What planet are you on?
Who is bringing it before parliament? (The sovereign body democratically elected by the people of Australia)
Who's crying over it?
Who feels (The Voice) is a chance to feel good about themselves and by extension the Australian people?
#Never was, never will be
The one where the most consultative process ever amongst first nations peoples occurred to bring about the Uluru Statement from the Heart.What planet are you on?
The Coalition was supposed to but they were too divided.Who is bringing it before parliament?
Please tell us.Who's crying over it?
I don't know.Who feels (The Voice) is a chance to feel good about themselves and by extension the Australian people?
The Voice empowers ATSI people to take responsibility for their own welfare
For those who think the voice consultation process will have no bearing on the rest of Australia, one only has to look at what is happening over the Santos Barossa gas field.
From Evil Murdoch Press
Failed to adequately consult.
I would not be at all surprised to see this phrase become somewhat more frequently used by the opponents of everything that produces income.
Mick
News Corp is not guaranteed existence in the Constitution.
News Corp is not guaranteed existence in the Constitution.
Why are you full of baseless excuses?They have always had that power, they just didn't use it .
Exactly how do they get infrastructure, housing, health, education, and police to remote communities?Responsibility for their own welfare implies doing things for themselves and not relying on others including governments.
Why are you full of baseless excuses?
The fact is they never had this power, and that's why they proposed a Voice.
Exactly how do they get infrastructure, health, education, and police to remote communities?
There are quite a few upset Liberals. They think they are becoming known as the reactionary party.
Ken Whyatt has resigned. Tassy Premier has gone with the voice.
Many other senior Liberals are very upset. Kathryn Greiner was withering in her attack.
I think Dutton's leadership is finished. He will be gone within a year.
Taking a neutral position here but it could be argued that the same issues also apply in other contexts.The Voice empowers ATSI people to take responsibility for their own welfare, with real support from those arms of government that have consistently let them down
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