BP

HSBC is also an investor in BP. BP has been present in Egypt for almost 50 years and it is currently the largest foreign investor in Egypt. Often, BP works directly with the Egyptian government through joint ventures, turning a blind eye to human rights violations, such as enforced disappearances and torture at the hands of the National Security Agency. When asked about the human rights situation in Egypt, BP CEO Bob Dudley commented that he was ‘comfortable with the level of risk in Egypt’ and the Chairman Carl-Henrik Svanberg stated that the company does not make ‘political judgments’ about those it works with.