Calls for G4S to cut ties with Israel as half year profits announced

By staff writers
13 Aug 2014

As the world’s largest security company G4S announces its half-year figures, it faces growing pressure to end complicity in Israel’s torture and ill-treatment of Palestinians as it

The company has reported a pre-tax profit of £85 million for the six months to the end of June, compared with a loss of £94 million in 2013. Its shares were 0.5 per cent higher in early trade on the London Stock Exchange today (13 August) at 261.10p and its revenues showed a 4.2 per cent increase in North America, reflecting what it described as "strong performance" in its commercial security, compliance and investigations and electronic monitoring units.

In Latin America the company's revenues grew by 12.8 per cent to £325 million after it won contracts in ports, car manufacturing, transportation, financial services, telecommunications and raw material extracting industries.

G4S and its Israeli subsidiaries provide, install and maintain equipment inside Israeli prisons and in military checkpoints, such as the Erez crossing between the Gaza Strip and Israel. Israel has restricted Palestinian’s movement via the Erez crossing, which is the only way for people to pass between the Gaza Strip and Israel.

According to Article 76 of the UN Fourth Geneva Convention – the 65th anniversary of which falls today (13 August) – governments must not transfer prisoners from occupied territory into the territory of the occupier.

However, over 5,000 Palestinians are currently held inside Israel, including 183 children. Of these, 175 are held under 'administrative orders' – a form of detention without charges or trial, used to hold people for indefinite periods and which is based on secret information.

Rafeef Ziadah, senior campaigner at the anti-poverty charity War on Want, said: “It is unacceptable that the British multinational G4S continues to profit from Israel’s occupation of Palestine and the collective punishment imposed on the population of Gaza. Universities, banks, charities and trade unions across the world have terminated contracts with G4S, costing the company millions of pounds. Our continued efforts to hold G4S to account are needed today more than ever.”

[Ekk/4]

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