Word: mobiles
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...Corporation this week abstained for the second year in a row on a shareholder resolution, unanimously approved last week by the Advisory Committee on Shareholder Responsibility (ACSR), that would halt a Mobil Corporation subsidiary's sales to the South African military and police...
...reasons Corporation members gave in an official statement for abstaining at Mobil centered on problems they found with the feasibility of implementing the strictures dictated by the proposal, which calls for a complete ban on sales by Mobil Oil Southern Africa (MOSA) to the military and police there...
...object is to stop MOSA from making long-term bulk contracts with the military and the police," he said, adding, however, that the policing of sales by "every Mobil filling station" would be impossible and impractical...
...Mobil has defended its sales, declaring that the requirements of the resolution would force the company into being "an irresponsible citizen," since "the great bulk of the work of both the police and the military...is for the benefit" of all South Africans...
...Harvard Corporation officially states it will communicate its concern "that the South African security forces play a somewhat different role in South African society than that which is suggested by [Mobil...