Top Swedish, US and Canadian Pension Funds Linked to Brazilian Land Grabs and Displacement of People
‘A New York company managing the retirement savings of workers in Sweden, the US and Canada is evading Brazilian laws on foreign investment to acquire farmlands from a businessman accused of violently displacing local communities, according to a new report, released today by Rede Social de Justiça e Direitos Humanos, GRAIN, Inter Pares, and Solidarity Sweden – Latin America.
The investigative report, entitled “Foreign Pension Funds and Land Grabbing in Brazil,” exposes how Swedish, US and Canadian pension funds have acquired farmlands in Brazil by way of a local businessman accused of using violence and fraud to displace small farmers.’
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