Stonebridge Capital
About the company
Stonebridge Capital
Stonebridge Capital a South Korean investment company which set up a joint venture with KOGAS, the South-East Asia Gas Pipeline Company Ltd, to operate the pipeline carrying gas from the Shwe Gas Project to China. Since the attempted military coup in February 2021 revenue from this project goes to the military.
Contact:
Sung Woon Yu
Chief Executive Officer
Stonebridge Capital
11F KEFAS B/D, 211
Teheran-ro, Gangnum-gu
Seoul
Korea 06141
Email: info@stonebridge.co.kr
Source:
Stonebridge Capital website accessed April 2022
https://www.stonebridge.co.kr/stonebridge-capital-portfolio/kg-seagp
Notified 6th April 2022
Added to the Dirty List 10 May 2022
The Dirty List
The Dirty List names international companies doing business with the military in Burma. The list also includes international companies involved in projects where there are human rights violations or environmental destruction.
In September 2018, the United Nations Fact Finding Mission on Myanmar, which has been investigating human rights violations in the country, stated:
“The actions of the Tatmadaw (Burmese military) in Kachin, Rakhine and Shan States, in particular in the context of the ‘clearance operations’ in northern Rakhine State in 2016 and 2017, have so seriously violated international law that any engagement in any form with the Tatmadaw, its current leadership, and its businesses, is indefensible.”
A PDF of the full Dirty List is available here.