A team from Brazil's Labor Ministry found "degrading" living conditions for 133 sugarcane workers employed by an ethanol company whose investors include former US president Bill Clinton and other high-profile financial players.
At five sites inspected, workers "complained they were suffering from hunger and cold, and all of the locations were overcrowded and with terrible sanitary conditions," Jaqueline Carrijo, who led the inspections last month, said in a statement on Friday.
The target of the probe, Brazil Renewable Energy Co, -- known as Brenco -- apologized over the weekend and said it is fixing the problems at its rural operations, which turn sugarcane into ethanol.
Clinton's connection is via an investment in Brenco by The Yucaipa Cos, a US-based fund in which Clinton was a senior adviser until last year. His investment in Brenco is valued at between US$15,001 and US$50,000, said a financial disclosure report submitted last year by his wife, presidential candidate Hillary Rodham Clinton.
Yucaipa, whose chairman is prominent Democratic billionaire Ron Burkle, holds an overall 2.8 percent stake in the initial US$200 million raised by Brenco last year to start up operations in Brazil's booming ethanol sector.
Bill Clinton spokesman Matt McKenna said the former president's investment made via Yucaipa was small but that he had been assured Brenco was "committed to the highest ethical standard with regard to the treatment of its work force and of the environment."
"The president finds these allegations deeply troubling and expects Brenco to move swiftly to ensure that those responsible are held accountable," McKenna said, adding that Clinton is "taking steps to ensure that there is an appropriate transition for his business relationships should Senator Clinton become the Democratic nominee."
The Brazilian labor probe focused mostly on living conditions for the workers, including 17 who were paying rent to live in housing overrun by rats and cockroaches, Carrijo said.
In addition, trucks lacked special seatbelts for workers who ride atop the vehicles as they throw sugarcane seedlings to the ground, she said.
Brenco chief executive Henri Philippe Reichstul personally inspected the living arrangements of his company's workers on Monday. He said in an interview that the 17 workers cited by Carrijo were not living in company housing, but that the company agreed with labor inspectors that there were housing problems for the remaining 116 workers.
No workers are "in this situation anymore," he said. "If there are fines to pay for it, we will pay the fines. We are not breaking the spirit or the confidence that we got from our shareholders to start a project of sustainable growth."
WAITING GAME: The US has so far only offered a ‘best rate tariff,’ which officials assume is about 15 percent, the same as Japan, a person familiar with the matter said Taiwan and the US have completed “technical consultations” regarding tariffs and a finalized rate is expected to be released soon, Executive Yuan spokeswoman Michelle Lee (李慧芝) told a news conference yesterday, as a 90-day pause on US President Donald Trump’s “reciprocal” tariffs is set to expire today. The two countries have reached a “certain degree of consensus” on issues such as tariffs, nontariff trade barriers, trade facilitation, supply chain resilience and economic security, Lee said. They also discussed opportunities for cooperation, investment and procurement, she said. A joint statement is still being negotiated and would be released once the US government has made
Authorities have detained three former Taiwan Semiconductor Manufacturing Co (TMSC, 台積電) employees on suspicion of compromising classified technology used in making 2-nanometer chips, the Taiwan High Prosecutors’ Office said yesterday. Prosecutors are holding a former TSMC engineer surnamed Chen (陳) and two recently sacked TSMC engineers, including one person surnamed Wu (吳) in detention with restricted communication, following an investigation launched on July 25, a statement said. The announcement came a day after Nikkei Asia reported on the technology theft in an exclusive story, saying TSMC had fired two workers for contravening data rules on advanced chipmaking technology. Two-nanometer wafers are the most
NEW GEAR: On top of the new Tien Kung IV air defense missiles, the military is expected to place orders for a new combat vehicle next year for delivery in 2028 Mass production of Tien Kung IV (Sky Bow IV) missiles is expected to start next year, with plans to order 122 pods, the Ministry of National Defense’s (MND) latest list of regulated military material showed. The document said that the armed forces would obtain 46 pods of the air defense missiles next year and 76 pods the year after that. The Tien Kung IV is designed to intercept cruise missiles and ballistic missiles to an altitude of 70km, compared with the 60km maximum altitude achieved by the Missile Segment Enhancement variant of PAC-3 systems. A defense source said yesterday that the number of
Taiwanese exports to the US are to be subject to a 20 percent tariff starting on Thursday next week, according to an executive order signed by US President Donald Trump yesterday. The 20 percent levy was the same as the tariffs imposed on Vietnam, Sri Lanka and Bangladesh by Trump. It was higher than the tariffs imposed on Japan, South Korea and the EU (15 percent), as well as those on the Philippines (19 percent). A Taiwan official with knowledge of the matter said it is a "phased" tariff rate, and negotiations would continue. "Once negotiations conclude, Taiwan will obtain a better