Greater Manchester council invested up to £10m with Qatar National Bank

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The authority deposited between £5m and £10m with the state lender during various periods

Stockport council invested sums of up to £10m with the Qatar National Bank despite the country’s widely condemned human rights record. between September 2019 and November this year, a Freedom of Information request has revealed.

READ MORE : 'I love football - but it's unacceptable': Bittersweet celebrations at Europe's biggest fan zone in Manchester The most recent period covers until November 11 2022 - nine days before the World Cup got under way. The council says it had no more than £10m deposited with QNB at any one time. The LDRS asked the council if it believed it had acted ‘ethically and transparently’ by investing with QNB, given its human rights record.

Among the organisations to have criticised Qatar is Amnesty International, which campaigns for human rights across the globe. Allan Hogarth, Amnesty International UK’s head of policy and government affairs, said: “Stockport Metropolitan Borough Council needs to be clear about how it is investing money in Qatar, not least because of the well-documented widespread exploitation of migrant workers in the country.

 

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I trust it made some desperately needed cash to use fir the benefit of Manchesters population,

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