The Adani Group denies engaging with Myanmar’s military leadership over port deal but video suggests otherwise:

31st Mar,2021

The Adani Group denies engaging with Myanmar’s military leadership over port deal but video suggests otherwise:

The Adani Group is settling up to $US52 million ($68.1 million) to a Myanmar military-controlled organization that has recently been hit with sanctions by the United States over common liberties violations.Leaked records in a report by basic freedoms attorneys and activists got by the ABC uncover the size of Adani's participation with the junta over a proposed compartment port in Yangon.Video and photographs show Adani Ports' manager met with the junta's top general in 2019, repudiating the organization's case a month ago that it had never "engaged with military leadership" in Myanmar.The US government sanctions against Myanmar Economic Corporation (MEC) are probably going to increase tension on the Australian government's Future Fund to dump its $3.2 million interest in Adani Ports, which additionally possesses North Queensland tasks connected to the Carmichael mine.The spilled archives, from the Yangon Region Investment Commission, show Adani's auxiliary is paying $US30 million to MEC in "land lease fees".
key points: -
#Myanmar's military held onto power in a February upset, setting off rough fights .
#The US forced approvals on a Myanmar combination associated with an Adani Ports bargain.
#Australia's Future Fund says it has no designs to strip its property in Adani Ports over the issue.