
By Mei Mei Chu
KUALA LUMPUR (Reuters) – Malaysia on Thursday said another plantation company will face an import ban by the United States after the U.S. Customs and Border Protection (CBP) agency blocked imports of palm oil producer FGV Holdings (KL:) over forced labour allegations.
“Another big firm will be banned soon,” Human Resources Minsiter Saravanan Murugan told reporters.
He declined to name the company, but said it was a large firm within the plantation sector.
U.S. CBP banned imports of FGV’s products on Wednesday after a year-long investigation that the agency alleges showed abuse, deception, physical and sexual violence, intimidation and the keeping of workers’ identity documents.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.