NGO Justice for Myanmar has expresses concern that there is a money laundering risk in Myanmar crony airline MAI’s transaction with an Australian mining company in a statement released earlier this month.
A Tatmadaw goodwill delegation led by Senior General (now coup leader) Min Aung Hlaing visits Adani Ports and Logistics in India in 2019. Photo: Min Aung Hlaing s website
As protests grow against the February 1 military coup in Myanmar/Burma, the country’s military elites try to protect their ill-gotten gains, and Australian mining companies carry on as if nothing happened.
Myanmar military’s economic interests
Since 1988, when the Tatmadaw (the official name of the Myanmar armed forces) brutally cracked down on student protests, and Aung San Suu Kyi returned from Britain, they have been setting up companies to serve the interests of current and former soldiers.