Justice For Myanmar releases list of military-owned businesses, their directors and significant business associates and calls for immediate targeted international sanctions
4 February 2021
...Justice For Myanmar calls on all businesses that have commercial relationships with state entities to cut ties.
Our research has uncovered 133 businesses fully or partially controlled by the Myanmar military, 174 directors of those business, 112 businesses from which the military derive significant income. Our list also includes 32 state-owned enterprises that were formally under civilian ministries, and which are now controlled by the Myanmar military.
Yadanar Maung, Justice For Myanmar spokesperson says: “... This coup was enabled by international businesses like Kirin Holdings, POSCO, Viettel and NORINCO and they remain responsible for our suffering under the new military junta. Without definitive action now, the military will inflict more violence against the people and democracy will not have a chance.”
Justice For Myanmar has named Myanma Oil and Gas Enterprise (MOGE) and mobile telecommunications operator MPT. MOGE is now Myanmar’s most lucrative military-owned business, holding production sharing contracts with leading international oil and gas companies including TOTAL, Chevron and POSCO. MTP is jointly operated with Japanese businesses KDDI and Sumitomo Corporation.
Yadanar Maung continues: “International business that continues to operate in Myanmar after Feb 1 is bankrolling the Myanmar military and enabling their criminal conduct. We call on all businesses to sever their relationships. In the dark days of the former military dictatorship, their brutal rule was bankrolled by oil and gas money from TOTAL in particular. The international community must not allow that to happen again. As the military regime attempts to silence the people and crush dissent, KDDI and Sumitomo have a special responsibility to end their complicity with these shocking human rights violations against our people."