August 11, 2020

Two months after the Japanese beer giant Kirin announced it was considering cutting ties with its military-conglomerate partner, a brewery the two jointly own announced $155.9m in second-quarter revenue.

“These profits are paying for violations of international law,” said Mark Farmaner, director of Burma Campaign UK.

In June, after the military-owned Myanmar Economic Holdings Limited (MEHL) ignored document requests from a Kirin due diligence effort, the Japanese company hired financial consultancy Deloitte “to determine the destination of proceeds” from the Myanmar Brewery.

“The Deloitte investigation appears to be a desperate attempt by Kirin to find some technicality it can use to stay in business with the military,” Mark Farmaner said after the earnings report was released.

Read Myanmar Now article

See BCUK’s Dirty List

Tell Kirin you will boycott them

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