Thai banks are leading financial backers of Burma's military, UN expert says

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Thai banks have become the main supplier of international financial services for Burma’s military government, according to a report by a U.N. expert on human rights.

Thai banks have become the main supplier of international financial services for Burma’s military government, enabling it to purchase goods and equipment to carry out its increasingly bloody war against pro-democracy resistance forces and armed ethnic minority groups, a U.N. expert said in a report issued Wednesday. The report by Tom Andrews, the U.N.

It says the junta, formally known as the State Administration Council, 'continues to engage with a broad international banking network to sustain itself and its weapons supplies.

Andrews’ report recounts the toll of the fighting so far in Burma: more than 5,000 civilians killed since the takeover, 3 million people displaced, and more than 20,000 political prisoners. 'By relying on financial institutions that are willing to do business with Myanmar state-owned banks under its control, the junta has ready access to the financial services it needs to carry out systematic human rights violations, including aerial attacks on civilians,' Andrews said.

 

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Thai banks are the top suppliers of financial services to Myanmar’s military, UN expert saysA report by a U.N. expert on human rights charges that Thai banks have become the main supplier of international financial services for Myanmar’s military government, enabling its purchases of goods and equipment used to carry out its increasingly bloody war against pro-democracy resistance forces and armed ethnic minority groups. The report by U.
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