This video is called The James Hardie Asbestos Scandal.
By Terry Cook:
Australia: James Hardie directors show contempt for asbestos sufferers
27 September 2006
Giant building products company James Hardie Industries (JHIL) continues to treat with contempt the many thousands of people suffering terminal asbestos-related diseases caused by its products.
JHIL board members have this week pushed through a shareholders’ meeting in Amsterdam a proposal to award themselves a 130 percent increase in annual directors’ fees, totalling an extra $A1.1 million a year.
At the same time, the company has continued to block the payment of compensation to the victims of its practices.
In December 2004, in the face of mounting public outrage, JHIL signed an in-principle agreement to set up a fund to meet asbestos compensation claims.
In December 2005, after dragging out negotiations with asbestos victims’ representatives and the Australian Council of Trade Unions (ACTU), it agreed to provide an initial $1.7 billion to set up a fund—the Special Purpose Fund (SPF)—as a first step in meeting claims estimated at about $4 billon [sic; billion].
Yet nearly two years after signing the 2004 agreement, the SPF has not yet been established and JHIL has not parted with a single dollar.
Asbestos in India: here.
Asbestos in France: here.
In Britain: here.
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