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NGOs call on 26 banks to divest from APRIL

Two environmental groups sent letters to 26 banks in several countries as attempt “to express their concerns regarding the pulp and paper companies Asia Pacific Resources Limited (APRIL), Toba Pulp Lestari (TPL) and their sister companies under the conglomerate Royal Golden Eagle Group (RGE), due to their involvement in large scale deforestation and social conflicts.

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