Myanmar military gets billions from profitable business: Amnesty
4 years, 4 months ago

Myanmar military gets billions from profitable business: Amnesty

Al Jazeera  

Amnesty International releases documents on MEHL, a company that has channelled up to$18bn in dividends to the military. Amnesty International says its investigations into Myanmar Economic Holdings Limited show Myanmar’s military has received dividends of as much as $18bn from the Yangon-based company over the years. “The perpetrators of some of the worst human rights violations in Myanmar’s recent history are among those who benefit from MEHL’s business activities,” said Mark Dummett, Amnesty’s Head of Business, Security and Human Rights as the human rights group released its report, which was based on leaked official documents. “These documents provide new evidence of how the Myanmar military benefits from MEHL’s vast business empire and make clear that the military and MEHL are inextricably linked.” MEHL shareholder records show the company to be fully owned and controlled by active and retired military personnel. Among those who directly benefit from the company is Myanmar’s top military commander, General Min Aung Hlaing, Amnesty said.

History of this topic

EU expands sanctions against Myanmar military, companies
3 years, 8 months ago
EU preparing sanctions on Myanmar military businesses, documents show
3 years, 10 months ago
The Myanmar Tangle: China set to expand ties in coup shadow, India can only wait and watch
3 years, 11 months ago

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