Sudan Divestment
Author: Thomas Melito
Publisher: DIANE Publishing
Published: 2011
Total Pages: 84
ISBN-13: 1437939996
DOWNLOAD EBOOKThis is a print on demand edition of a hard to find publication. Recognizing the humanitarian crisis in Darfur, Sudan, Congress enacted the Sudan Accountability and Divestment Act (SADA) in 2007. This law supports U.S. states' and investment companies' decisions to divest from co. with certain business ties to Sudan. It also seeks to prohibit federal contracting with these co. This report: (1) identifies actions that U.S. state fund managers and investment co. took regarding Sudan-related assets; (2) describes the factors that these entities considered in determining whether and how to divest; and (3) determines whether the U.S. government has contracted with co. identified as having certain Sudan-related business operations and assesses compliance with SADA's federal contract prohibition provision. Illustrations.