|
||||
9th May 2000 : Balfour Beatty Gets Shut DownMark Thomas reports on the recent antics at the Balfour Beatty AGM.
It is not often that I feel the need to express my sympathy for the
plight of multinationals and their shareholders but last Tuesday morning
in the middle of Balfour Beatty's annual general meeting I did. Balfour
Beatty are the UK company involved in the Ilisu dam project, which amongst
other things is to receive $200 million of taxpayers money to help finance the
eviction of 25,000 Kurds from their homes. The company was obviously
expecting some protesters to the AGM, at the Mandarin Oriental Hotel in
Knightsbridge. There was so many Group 4 security staff present I reckon there
must have only been about 2 warden's left working throughout the entire prison
service. I am convinced a mass jailbreak was possible Tuesday, as
all of Group 4 seemed to be protecting the fat and immoral arses of Lord
Weir and the rest of the Balfour Beatty board. But the great thing about
buying a share in the company is they have to let you in. Which explains
why nearly 50 supporters of the Ilisu Dam Campaign mingled with the bankers,
fund managers and Kingsley Amis lookalikes, handing out leaflets to
bemused shareholders. As the AGM was about to start, with Group 4 surrounding the room
like prefects at a school assembly, the board took to the stage. Before
they could sit down 15 people lined up at the back of the room facing
the board, each with a t-shirt with one letter printed on it, spelling out "STOP
THE ILISU DAM." Cheers and applause filled the room from the
supporters and in fact several other shareholders joined in, not quite realising why
they were, nodding and clapping approval like they were watching a
cricket match. Lord Weir who was chairing the meeting looked mildly
exasperated. It was an expression we were to see used to it's full range throughout the
proceedings, especially when he was quizzed about why the board
had allowed the company to be embroiled in a controversial project, mired in
blood, like Ilisu. The AGM was always going to be slightly surreal. I sat opposite
Lord Avebury (the most consistent and verciferous human rights campaigner in
Parliament) and in front of a Big Issue seller called Giles, who had come to
express his disgust at the company making Kurds homeless. In front of me sat
a man who could frown only in the way that people born and breed in certain
parts of Sussex can and whose sole vocal expression was "Tut!" Questions on the Ilisu Dam Project were promised to be heard by
Balfour Beatty. Several Kurds stood and passionately explained how they
had lost relatives, victims of Turkish militarism and ethnic cleansing, asking
why were Balfour Beatty working with a torturing state? Only to be
dismissed with the corporate mantra of "It's not up to us, you should speak
to the government." As the question of human rights in SouthEast
Turkey/Kurdistan is raised 40 supporters stood holding up pictures of torture victims.
One shareholder looked at a picture of Turkish soldiers holding severed
human heads like trophies and said" These are probably faked you know,
itıs easy enough to mock up pictures like this." Lord Weir looked on at the scene of environmentalists, human
rights campaigners, Parliamentarians, Big Issue sellers and Kurds
holding these pictures and promptly declared questions on Ilisu over. Suddenly,
angry campaigners were all over the room, standing on chairs, trying to
get the Board to just look at the photos we had, others rushed towards the
Boardıs platform demanding the company account for their actions. Group
4 started to earn their fee, Lord Weir shouted he was suspending the
meeting and the Board fleed the platform amidst catcalls. And we suddenly
realised, as Balfour Beatty still had items on its agenda for the meeting; we had
just shut the AGM down. So what did we achieve? We received more coverage for the
campaign, which is good. Several shareholders we talked to were shocked that Balfour
Beatty are involved in the dam and wanted to find out more, which is really
nice. And most importantly a group of people ranging from Kurds to Lords
worked together to make sure that the company know one fact for sure.
This is just the beginning! P.S. My moment of symapthy came when holding the microphone
I stated to the board " The Lesotho court case, where Balfour Beatty stand
accused of bribery and corruption, opened earlier this month. The Ilisu Dam will
only attract more adverse publicity. If the share price does go down, as
I have done a number of charity fund raising benefits in the past, I would
be only too happy to do a benefit concert for the board." I'm not sure
they appreciated my offer. |
||||