Barclays Bank is implicated in the use of cluster munitions in Misrata. Analysis of the accounts of Instalaza, the manufacturer of the cluster munitions used in Misrata, by Profundo shows that Barclays Bank has been a major funder of the Spanish arms manufacturer. In 2007, Instalaza generated annual revenues of € 14.9 million, resulting in […]
Category: Banks
Banking institutions have been implicated in the use of cluster munitions in Misrata. Deutsche Bank granted Spanish company Instalaza, the cluster bomb manufacturer, a loan of about €3.1 million according to information from non-governmental organisation Urgewald, as reported in the weekly Die Zeit on Wednesday. More than 100 countries signed the Convention on Cluster Munitions […]
Human rights investigations 