Statement calling on the Japanese government to stop ODA and publicly-funded projects benefiting the Myanmar military 85 organisations including JFM express deep concern that Japan may be complicit in the atrocity crimes of the Myanmar military by providing ODA and public funds to the benefit of the military.
Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), a government-funded infrastructure investment corporation under the Ministry of Land, Infrastructure, Transport and Tourism, and Japan Bank for International Cooperation (JBIC) which is Japan’s public export credit agency, invests or lends to the ...
Projects funded with public money must meet higher standards of transparency and accountability than those of private enterprises. The three companies involved have a duty to provide further, detailed explanations regarding this project.”
This included Official Development Assistance funded knowledge exchange program carried out by Japan International Cooperation Agency (JICA) targeting Myanmar stock exchange and regulatory authorities from 2012 to 2021, as well as consultation service provided to new companies listing on the Yangon Stock Exchange (YSX).
“Myanmar cronies have long funded the army in the name of “aid”, including in response to the Rohingya genocide, making themselves complicit in the junta’s atrocities. Now they are being joined by multinational corporations, channelling support and legitimacy to the murderous military.
The project receives public and private funds from Japan through Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), a government-funded infrastructure investment corporation under the Ministry of Land, Infrastructure, Transport and Tourism, and Japan Bank for International Cooperation (JBIC) which ...
The military operates like a cartel, funded through an international network of businesses and illicit trade in natural resources and drugs. Domestic and international companies fund crimes and mass suffering in return for big profits.