Adani supports rights, to work with partners on Myanmar (updated)
31/03/2021 11:31
(Adds detail)
CHENNAI, March 31 (Reuters) - India's Adani Group said on
Wednesday it condemned "violations of fundamental rights of all
people" and would continue to work with "partners and
stakeholders," in response to recent media reports on the
conglomerate's investments in the Myanmar.
Adani Ports and SEZ Ltd APSE.NS in 2020 won a global bid
for the Yangon International Terminal, an independent container
terminal project fully owned and developed by the company.
"We are also working with independent thinktanks to ensure
mitigation of human rights violations risks," Adani said in a
statement.
Myanmar has been rocked by almost daily protests since the
army overthrew Aung San Suu Kyi's elected government on Feb. 1
and installed the junta.
The United States and Britain turned up the international
pressure on the junta on Thursday by blacklisting
military-controlled businesses. urn:newsml:reuters.com:*:nL1N2LN035
The Australian Centre for International Justice and Justice
for Myanmar on Tuesday released a report which claimed Adani
Yangon International Terminal Co Ltd paid up $30 million in land
lease fees to Myanmar Economic Corporation, controlled by
Myanmar’s military.
Adani did not comment on the report, but said the land
acquisition for its project was facilitated by the Myanmar
Investments Commission.
"Much like our global peers, we are watching the situation
in Myanmar carefully and will engage with the relevant
authorities and stakeholders to seek their advice on the way
forward," the conglomerate said.
(Reporting by Sudarshan Varadhan, editing by Louise Heavens)
((Sudarshan.Varadhan@thomsonreuters.com; +919810393152;
Twitter: https://twitter.com/sudvaradhan @sudvaradhan;))