November 29, 2010

Congressman Gregory W. Meeks Convenes Subcommittee Hearing on Investments Tied to Genocide: Sudan Divestment and Beyond

(WASHINGTON, DC)– Congressman Gregory W. Meeks (NY-6), Senior Member of House Committee on Financial Services and Chairman of its Subcommittee on International Monetary Policy and Trade, will hold a Subcommittee hearing on Wednesday, November 29, 2010 entitled “Investments Tied to Genocide: Sudan Divestment and Beyond.”

This hearing will focus on the humanitarian crisis in Darfur and explore how Congress can better empower capital markets to contribute to making a positive change in the crisis. The witnesses will discuss the Sudan Accountability and Divestment Act (SADA) that was passed by Congress in 2007 that authorizes states and investment companies to divest from the companies with certain business ties to Sudan and prohibits these companies from federal contracting.

“This hearing is extremely important in addressing the humanitarian crisis in Darfur. Sudan has been the victim of conflict for the past 54 years since it achieved independence and has had to endure millions dying from violence and hunger caused by civil wars that have destabilized the entire region.   This hearing will bring key representatives that can present effective means to achieve a positive change in this crisis,” stated Congressman Meeks.

Please direct all questions concerning this briefing to my staff director Stephane LeBouder at Stephane.lebouder@mail.house.gov or (202) 225-3461.

Who:  Subcommittee on International Monetary Policy and Trade
What: Briefing entitled, “Investments Tied to Genocide: Sudan Divestment and Beyond”
When: November 29, 2010 at 2:00 p.m.
Where: 2128 Rayburn House Office Building

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