Australian extractive companies must support democracy not Myanmar junta
In response to the ongoing violence by the Myanmar military against protesters, NGO coalition Publish What You Pay Australia is calling on mining and gas companies to suspend operations until democracy returns.
Recent comments by Woodside’s CEO, Peter Coleman raise alarm bells for investors and could be read to support the actions of the Myanmar military.
Contracts for mining and gas projects include profit sharing agreements with government owned enterprises. This means money flowing directly to the military and the backers of the coup.
Publish What You Pay Australia National Director Clancy Moore issued the following statements:
“With tanks on the streets and bullets being fired on civilians, Australian companies like Woodside should immediately suspend operations and call for a return to democracy.”
“Myanmar’s mineral and gas wealth should fund schools, medicine and clean water for Myanmar’s 54 million women, men and children not the military generals.”
“The Australian government must follow the USA and support targeted sanctions of the Myanmar military and related business interests.”
Contact Clancy Moore, 0410 508 051 to discuss in more detail.
ENDS