USC does not and will not hold direct investments in four companies that support the government of Sudan, according to a statement released April 13 by the university's Chief Financial Officer Dennis Dougherty. The statement was given to members of Students Taking Action Now: Darfur, after members of the group asked the university to divest from companies supporting the Sudanese government.
"Under normal circumstances I wouldn't support divestment because usually it's a lifeline to developing countries," said Stephen Gordon, vice president of the USC STAND chapter and a sophomore majoring in international relations.
USC STAND requested a meeting with USC President Steven B. Sample and asked for clarification on Dougherty's statement, which read, "The University will exclude from its direct investments companies whose business activities can be shown to be supporting and facilitating the Sudanese government in its continuing sponsorship of genocidal actions and human rights violations in Darfur."
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