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La Via Campesina Denounces Gates Foundation

La Via Campesina, a global peasant movement representing small farmers, landless workers, fisherfolk, rural women, youth and indigenous peoples, with 150 member organizations from 70 countries on five continents, has denounced the Bill & Melinda Gates Foundation Trustís recent acquisition of Monsanto Company shares. The Bill & Melinda Gates Foundation was founded in 1994 by Microsoft founder William H. Gates, and today exerts a hegemonic influence on global agricultural development policy. The Foundation channels hundreds of millions of dollars into projects that encourage peasants and farmers to use Monsantoís genetically-engineered seed and agrochemicals. In August the Bill & Melinda Gates Foundation Trust, which manages the $33.5 billion asset trust endowment that funds the Foundationís philanthropic projects (and to which Bill & Melinda are trustees) disclosed that it purchased 500,000 shares of Monsanto shares for just over $23 million.......

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Last Modified - 7th December 2010

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