Leaked Docs: Adani’s $52 Million Port Deal With Myanmar’s Military Sanctioned For Human Rights Violation

Adani Group’s port deal worth 52 million USD with Myanmar military-controlled company has come to a standstill owing to the sanctions by the United States over human rights violations.

Key points:

The IMF sent $350 million in cash to the Myanmar government just days before the military coup as part of an emergency aid package to help the country tackle the COVID-19 pandemicViolent protests were triggered in Myanmar when the Myanmar military’s seized power in FebruaryThe Myanmar military regime has seized the bank accounts of billionaire George Soros’ Open Society Foundation (OSF) for fomenting unrest in the country by funding massive protestsMyanmar conglomerate involved in an Adani Ports deal had the sanctions imposed by the US Australian Future Fund has decided not to surrender its holdings in Adani Ports owing to this issueThe scale of Adani's cooperation with the junta over a proposed container port in Yangon is revealed by some leaked documents,...