Miguel Facussé Barjum: Difference between revisions
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'''Miguel Facussé Barjum''' (born 14 August 1924<ref name=LaTribuna>{{es}} ''[[La Tribuna]]'', 24 May 2009, [http://old.latribuna.hn/2009/05/24/post10064872/ Senado de Colombia condecora al empresario Miguel Facussé Barjum]</ref>) is [[Honduras|Honduran]] businessman and landowner. Facussé was previously president of the Cressida Corporation, which in the 1990s received a $55m investment loan from the World Bank.<ref>''Revista Envio'', [http://www.envio.org.ni/articulo/3010 Maquila*: The Swallow That Lays Golden Eggs], Number 194, September 1997.</ref> Facussé sold Cressida, which had subsidiaries throughout Central America and was at the time described as "the biggest food and cleaning products manufacturer in Honduras" to [[Unilever]] for $322m in 2000, for an estimated net value to Facussé of $120m.<ref name=EIU>[[Economist Intelligence Unit]], 11 May 2000, [http://www.eiu.com/index.asp?layout=VWArticleVW3&article_id=904744890®ion_id=440000444&country_id=1090000309&channel_id=200004020&category_id=500004050&refm=vwCat&page_title=Article Country Briefing: Honduras finance: Regional links attract foreign direct investments]</ref> Facussé had previously sold his brand Magia Blanca and others to [[Procter & Gamble]] for over $25m.<ref name=EIU/> |
'''Miguel Facussé Barjum''' (born 14 August 1924<ref name=LaTribuna>{{es}} ''[[La Tribuna]]'', 24 May 2009, [http://old.latribuna.hn/2009/05/24/post10064872/ Senado de Colombia condecora al empresario Miguel Facussé Barjum]</ref>) is [[Honduras|Honduran]] businessman and landowner. Facussé was previously president of the Cressida Corporation, which in the 1990s received a $55m investment loan from the World Bank.<ref>''Revista Envio'', [http://www.envio.org.ni/articulo/3010 Maquila*: The Swallow That Lays Golden Eggs], Number 194, September 1997.</ref> Facussé sold Cressida, which had subsidiaries throughout Central America and was at the time described as "the biggest food and cleaning products manufacturer in Honduras" to [[Unilever]] for $322m in 2000, for an estimated net value to Facussé of $120m.<ref name=EIU>[[Economist Intelligence Unit]], 11 May 2000, [http://www.eiu.com/index.asp?layout=VWArticleVW3&article_id=904744890®ion_id=440000444&country_id=1090000309&channel_id=200004020&category_id=500004050&refm=vwCat&page_title=Article Country Briefing: Honduras finance: Regional links attract foreign direct investments]</ref> Facussé had previously sold his brand Magia Blanca and others to [[Procter & Gamble]] for over $25m.<ref name=EIU/> |
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Facussé remains the owner of ''Corporación Dinant'', which owns over 22,000 acres of palm plantations in [[Bajo Aguán]].<ref>''[[The New York Times]]'', September 15, 2011 [http://www.nytimes.com/2011/09/16/world/americas/honduras-land-conflicts-highlight-polarization.html?pagewanted=all In Honduras, Land Struggles Highlight Post-Coup Polarization]</ref> Facussé was described in 2012 by [[Reporters without Borders]] as having "a private militia that can count on support from the police and army to impose his will".<ref name=RSF/> Accusations that Facussé's militia was responsible for the deaths of peasants occupying his lands (Facussé admitted 5 deaths during a land invasion) led to the withdrawal of $20m German investment loan in 2011.<ref name=TheNation>Dana Frank, ''[[The Nation]]'', 21 October 2011, [http://www.thenation.com/article/164120/wikileaks-honduras-us-linked-brutal-businessman WikiLeaks Honduras: US Linked to Brutal Businessman]</ref> Leaked US Embassy cables published by [[WikiLeaks]], as well as media reports, suggest that an airstrip on Facussé's property has been used for the transit of cocaine.<ref name=TheNation/> |
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Facussé has a degree in aeronautical engineering from the [[University of Notre Dame]].<ref name=LaTribuna/> He is married and has five children,<ref name=LaTribuna/> and is an uncle of [[Carlos Flores Facussé]], President of Honduras 1998-2002.<ref name=RSF>[[Reporters without Borders]], 2 May 2012, [http://en.rsf.org/honduras-miguel-facusse-barjum-02-05-2012,42452.html Miguel Facussé Barjum , Businessman and landowner, Honduras], accessed 11 October 2012</ref> In May 2009, in recognition of his business career, Facussé was awarded the ''Orden Mérito a la Democracia en el Grado de Gran Caballero'' by the [[Senate of Colombia]], in the presence of the President of the Honduran Congress, [[Roberto Micheletti]].<ref name=LaTribuna/> |
Facussé has a degree in aeronautical engineering from the [[University of Notre Dame]].<ref name=LaTribuna/> He is married and has five children,<ref name=LaTribuna/> and is an uncle of [[Carlos Flores Facussé]], President of Honduras 1998-2002.<ref name=RSF>[[Reporters without Borders]], 2 May 2012, [http://en.rsf.org/honduras-miguel-facusse-barjum-02-05-2012,42452.html Miguel Facussé Barjum , Businessman and landowner, Honduras], accessed 11 October 2012</ref> In May 2009, in recognition of his business career, Facussé was awarded the ''Orden Mérito a la Democracia en el Grado de Gran Caballero'' by the [[Senate of Colombia]], in the presence of the President of the Honduran Congress, [[Roberto Micheletti]].<ref name=LaTribuna/> |
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==External links== |
==External links== |
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* {{es}} [[Bolpress]], 4 June 2012, [http://www.derechos.org/nizkor/honduras/doc/facusse.html Raíces históricas de la fortuna de Miguel Facussé Barjum] |
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* [[Food First Information and Action Network]], [http://www.fian.org/resources/documents/others/honduras-human-rights-violations-in-bajo-aguan/pdf Human Rights Violations in Bajo Aguán], July 2011 |
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Revision as of 14:21, 17 October 2012
Miguel Facussé Barjum (born 14 August 1924[1]) is Honduran businessman and landowner. Facussé was previously president of the Cressida Corporation, which in the 1990s received a $55m investment loan from the World Bank.[2] Facussé sold Cressida, which had subsidiaries throughout Central America and was at the time described as "the biggest food and cleaning products manufacturer in Honduras" to Unilever for $322m in 2000, for an estimated net value to Facussé of $120m.[3] Facussé had previously sold his brand Magia Blanca and others to Procter & Gamble for over $25m.[3]
Facussé has a degree in aeronautical engineering from the University of Notre Dame.[1] He is married and has five children,[1] and is an uncle of Carlos Flores Facussé, President of Honduras 1998-2002.[4] In May 2009, in recognition of his business career, Facussé was awarded the Orden Mérito a la Democracia en el Grado de Gran Caballero by the Senate of Colombia, in the presence of the President of the Honduran Congress, Roberto Micheletti.[1]
References
- ^ a b c d Template:Es La Tribuna, 24 May 2009, Senado de Colombia condecora al empresario Miguel Facussé Barjum
- ^ Revista Envio, Maquila*: The Swallow That Lays Golden Eggs, Number 194, September 1997.
- ^ a b Economist Intelligence Unit, 11 May 2000, Country Briefing: Honduras finance: Regional links attract foreign direct investments
- ^ Reporters without Borders, 2 May 2012, Miguel Facussé Barjum , Businessman and landowner, Honduras, accessed 11 October 2012
External links
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