Vulture Funds are financial speculators looking to profiteer from countries in debt crisis. From Argentina to Zambia, they’ve swooped in to buy up debts for pennies in the pound, then demanded full payment plus interest. We’re leading the global fight to put an end to this outrageous practice.
In 2010 we got a UK law passed limiting the ability of vulture funds to sue some of the most impoverished countries in UK courts. We are currently campaigning to get this law extended, to follow Belgium and France where anti-vulture funds laws have also been introduced.