NZ SuperFund investing in illegal Israeli settlements
The New Zealand Superannuation Fund, ($20 billion of taxpayer investments that funds our pensions) currently holds investments in over forty Israeli companies including two Israeli banks that finance the construction of illegal Israeli settlements in the Palestinian West Bank. Despite the Superfund having an ethical investment policy, $915,806 is invested in Bank Hapoalim and $77,476 is invested in Bank Leumi According to Electronic Intifada , Both banks operate in and offer loans to finance illegal settlement activities in the occupied Palestinian and Syrian territories.... Both banks have branches in the settlements of Gilo and Pisgat Ze’ev, located in the occupied West Bank. Bank Hapoalim also has branches in the Ramot settlement in occupied East Jerusalem as well as the occupied Golan Heights. Meanwhile, Bank Leumi maintains branches in the settlements of Ma’ale Adumim, Oranit, Kiryat Arba, all in the occupied West Bank, and Katzrin in the Golan Heights. Israel’s sett