The official site of the Prime Minister's Office.
E-Petitions.
This petition is now closed, as its deadline has passed.
We the undersigned petition the Prime Minister to do everything in his power to stop 'vulture funds' from exploiting debt-ridden countries. More details
Submitted by Danyal Dhondy – Deadline to sign up by: 28 February 2008 – Signatures: 160
More details from petition creator
'Vulture funds' are companies which exploit the efforts of western countries to write off third-world debt. When a rich country offers debt relief, for instance Romania's offer to write off $40m worth of Zambian debt for just $3m in 1999, the vulture fund moves in to 'buy' the debt at the cheap price, before charging the debtor country the original ($40m) plus interest. Although organisations such as the IMF have condemned the practice, it remains technically legal. International bodies should act to regulate this unscrupulous industry and limit their obscene profits, and Mr Blair should use his influence in Washington and elsewhere to make this a top priority for the international community.
Current signatories
Danyal Dhondy, the Petition Creator, joined by:
- A. Wharton
- Simon Holder
- Lorna Smart
- Lee Kerr
- John Morton
- Richard Tingle
- Mark Duddridge
- Karen Tagg
- Keith Garrett
- Paul Kerr
- Nicola deCruz
- Jemma Davis
- Pete Jordan
- Carole Griffiths
- Phil Sumbland
- Haydn Watkins
- John Bennett
- Doug Baynton
- John Talbot
- Allan Moore
- Patrick Rooney
- steve Oxtoby
- Rodney Bantleman
- HT Weyland
- Sean Simmons
- May-Christina Geasley
- vivien young
- Susan Linley
- Neil Hook
- Hamish Findlay
- Rhys Hopkins
- Sarah Ong
- Lois Nelson
- Tom Barrow
- Mathew Rees
- Tim Davies
- Ayo Adeyemi
- Louise Jeffery
- kim holloway
- jonathan Franks
- Joanna Barstow
- Luke Pearce
- David Fielder
- John Wickerson
- Jessica Putt
- Ben Wickham
- David Rhys Medlicott
- Richard Frazier
- stephen Williams
- Jonathan Bennett
- Gareth Pooley
- Christina Winn
- Matthieu Pooley
- Martyn Fielder
- Austin Elwood
- Ronald Taylor
- Raphaelle Gosden
- Mark Gurney
- Tamsin Graves
- Colin Crooks
- Alison Stedman
- Mike Mackrill
- Jonathan Goulding
- fiona l. sym
- Emma Kate Bevan
- Michael Holt
- Jenny McMillan
- Sarah Grier
- Paul Edwards
- Catrin Watts
- Louise Shazeela Beer
- Cathie Jackson
- Rachael Sullivan
- Kate Barrow
- Kay Street
- Robert Fielder
- Phil Ball
- Mike Davison
- Kirstie Chippendale
- frances coe
- Angela Hatfield
- Margaret King
- Kayse Maxamed
- Ben Wright
- Rhian Cheyne
- Russell Baker
- Pam Gregg
- Arfon Jones
- Sue Kiernan
- Mitch Rushton
- Peter Harris
- Deborah Woods
- Steve Ainsworth
- Mike Scrimshaw
- Simon McBride
- Paul Harvey
- Luke Dobson
- gillian glennsansum
- Wendy Jakob
- Ian Evans
- Andrew Rawling
- lorraine heal
- Michael Thomas
- Angela Kalinzi-Ditchfield
- Tobi Oladipo
- Andy Kadir-Buxton
- Christopher Tubb
- Amanda Gilbert
- Kirsty Neal
- Maria Andersson
- arlene
- CORALIE GLENN-SANSUM
- Sue Phillips
- David Rue
- andy barber
- Paul Smith
- Tim Footner
- Peter Gate
- Judith Corrigan
- Vicks Luckie
- Gavin Tarbard
- Chris Barron
- James Hicks
- Ben Linsey-Bloom
- Neil Galbraith
- Richard Bowell
- Mike O'Donoghue
- Kate Harding
- David Gledhill
- alex Ross
- Dave Kimber
- Maxine Simons
- Alan Sleeman
- William W Ness
- Bushra Lulat
- Sarah Wood
- Michael J Tynen
- Christopher Winton
- M Mills
- Philip Groves
- Julia Reid
- Brian Dempsey
- Inbal Cohen
- Hugh Pendleton
- Mark Woodbine
- Ashley Rolleston
- susan njuguna
- Bernard Greenwood
- Isobel Allen
- ALLEN KILPATRICK
- Catheine Moeran
- Martin Kendall
- Jonathan Reed
- heather eames
- Gwendolyn Potter
- E Sanders
- Frank Petherbridge
- Abdullah Rhodes-Taylor
- Larah Wylde
