[kfyrtv] Largest bank in Norway pulls its assets in Dakota Access pipeline

A press release from Greenpeace Thursday says the largest bank in Norway, DNB, sold its assets in the Dakota Access pipeline.

Source: [kfyrtv.com] Largest bank in Norway pulls its assets in Dakota Access pipelineLargest bank in Norway pulls its assets in Dakota Access pipeline – “There should be a clause in the lending agreement that deals with human rights violations, and DNB should use it to get its money back and end all involvement in the Dakota Access pipeline. If they don’t have such a clause they must accept they have a bad contract and take the loss.” Greenpeace USA spokesperson Lilian Molina said: “The writing’s on the wall for the Dakota Access pipeline. People power is winning. The news that DNB has sold its assets and is considering terminating its loans is a victory for the water protectors who are fighting to stop this disaster of a project. All financial institutions with a stake in the pipeline must quickly realize that financing this project is toxic. It would be smart for them to get out ahead of the growing movement of customers looking to divest from banks that finance the destruction of our planet and ignore Indigenous rights and sovereignty.

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