You may have arrived here via a direct link to a specific post. To see the most recent posts, click HERE.

Wednesday, November 28, 2007

Taser investment stuns MP

New Zealand stungun foe Keith Locke has found out that the NZ Superannuation Fund has a $780,000 investment in Taser International.

The Green Party MP said yesterday he had been "amazed" by his discovery. "They should quickly disinvest, particularly now that the United Nations Committee on Torture has designated the Taser as a torture weapon," he said. "Such disinvestment would be consistent with the fund's earlier decision to quit its tobacco company shares."

Mr Locke said that legally, the investment was inconsistent with New Zealand's adherence to the UN Convention Against Torture. He acknowledged that Taser International might be a growth stock.

"That's partly because it is promoting a home consumer model, so that ordinary Americans can zap each other."

No comments: