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The ABC exposes a Vulture in the NSW Supreme Court

A decision in the NSW Supreme Court has forced the Democratic Republic of Congo, a nation of some of the poorest people on Earth), to pay $30m plus court costs, enforcing a decision made by a court in the US. The ABC program “The Law Report” 1 March, 2011, exposes how a US company that had purchased the Vulture Funds used an Australian court to achieve its goal. Rachel Ball of the Human Rights Law Centre in Melbourne had more to say on the ABC program Newsline, 2 March 2011. (Scroll down the list of videos on the right hand side). Britain has enacted legislation to counter this activity. The Australian Government hasn’t, as mentioned in the report.

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