#StopEACOP campaign calls on Standard Bank to come clean on oil pipeline
Activist group accuses company of “prevarication and evasiveness” over its role in the controversial East African project
The #StopEACOP campaign, an alliance of activists opposed to the East African Crude Oil Pipeline (EACOP), has called on Standard Bank to publicly disclose whether it will be funding the controversial project.
The call by #StopEACOP comes shortly after it emerged earlier this month that Standard Bank has parted ways with Edelman, the US-headquartered PR firm, after the firm reportedly refused to provide reputation management advice on the pipeline. Standard Bank is an adviser on the 1,443km pipeline, which involves oil groups CNOOC, TotalEnergies and Tullow and will see Uganda’s crude oil transported to a port in Tanzania for export...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.