#BloodMoneyMyanmar: Blacklisted Companies

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The Blood Money campaign aims to pressure companies to stop bankrolling to the junta and freeze all payments (taxs, profits, roylaties) until democratic structures are restored. Any investment done also benefits in one way or another the military junta. Workers and labour unions on the ground call on activists and comrades around the world to help pressure the companies below.
The list is being continuously updated! The mentioned companies are most welcome to prove us wrong.

See you in the streets!

According to their own list of global suppliers adidas keeps sourcing from at least six factories in Myanmar.
The factories are Tsang Yih, Myanmar Pou Chen, Shang Peng Cheng, Thong Thai Textile (2 factories) and Bago Sports Gloves. (information taken from the Myanmar Investment Commission)

Furthermore adidas keeps running several stores in the country according to the facebook page adidas store myanmar.

The Tsang Yih Company manufactures shoes, employing 9,000 people, and is a major supplier to Adidas.
Taiwan’s Ministry of Foreign Affairs (MOFA) said that Burmese military and police entered the industrial zone last night and declared martial law. The protestors who had surrounded the factory have been dispersed, MOFA said. […]
International news outlets are reporting that 22 protestors were killed by police and military in the industrial zone yesterday, and at least 16 were killed in actions elsewhere in the country yesterday.

source: taiwanenglishnews.com

H&M stands for Hennes & Mauritz. The garment retail giant is based in Stockholm (Sweden) and recently announced to resume orders in Myanmar.

After a temporary pause following a military coup in the country, Swedish fashion retailer H&M has once again started placing new orders with Myanmar suppliers. […]
As of November 2019, H&M operates in 74 countries with over 5,000 stores under the various company brands, with 126,000 full-time equivalent positions. It is the second-largest global clothing retailer, behind Spain-based Inditex.

source: fashionatingworld.com

Just like H&M the fast fashion giant based in Dublin (Ireland) decided to resume sourcing from factories in Myanmar after the coup. [source: ecotextile.com]

Garment workers in Myanmar who produce clothing for Primark were locked inside their factory by supervisors who tried to prevent them from joining anti-coup protests, testimonies given to the Guardian claim.
Workers employed by GY Sen, which supplies Primark, claimed to the Guardian that their supervisors had sought to prevent them from missing work to take part in protests in the main city Yangon on 18 February. Up to 1,000 workers were trapped inside, according to workers, who said they were able to break free after several hours.
According to workers, about 20 were subsequently fired for missing shifts to participate in the civil disobedience movement, through which vast numbers of people across the country have refused to work. […]
Union leaders protest in the day but spend their evenings in hiding, sleeping at a different location every night to avoid the security forces. After dark, police and soldiers go door-to-door, seeking out activists. On top of the dangers posed by the military, workers’ groups say many employees have also been threatened with dismissal if they miss work to protest.

source: theguardian.com

Garment workers in general have been playing an essential role in the civil disobedience movement challenging the military junta. [source: voguebusiness.com]

DHL, the global courier firm owned by Germany’s Deutsche Post DHL, is in business with Myanmar’s military junta through a joint venture, making the firm complicit in the junta’s international crimes if they continue business as usual. […]
A corporate record from Myanmar’s business registry shows that this venture, called Myanmar DHL, is 51 per cent owned by Myanmar’s postal service.
The postal service is part of the Ministry of Transport and Communications, which has fallen under military control since the brutal and illegal February 1 military coup.
The directors of Myanmar DHL are senior regional executives of DHL and senior officials from Myanmar’s communication ministry, according to the company extract. […]
DHL has two other companies in Myanmar which it wholly owns, according to Deutsche Post’s accounts: DHL Global Forwarding Myanmar Ltd and DHL Myanmar Supply Chain Ltd. […]
The international courier’s DHL Express division has a large handling facility in Myanmar to serve various industries, including oil and gas.
The corporate record shows that DHL holds its investment in the joint venture through a company called Deutsche Post International B.V. in the Netherlands, which is a tax haven. […]
If Myanmar DHL continues business as usual, will remain complicit in the Myanmar military’s grave crimes.

source: justiceformyanmar.org

On 27 March, in a show of brutal force, the Myanmar military killed at least 114 people in a single day, including a five-year-old boy on what was known as Armed Forces Day. […]
As the Myanmar military junta intensifies its bloody repression of peaceful protests, one model of vehicle is ubiquitous in supporting the unfolding brutality: Sinotruk.
Documented at major protest sites, the Myanmar army has a large fleet of Sinotruk vehicles that play an indispensable role in moving troops. Sinotruk vehicles have been used to stage attacks against civilians involving live ammunition which amounts to crimes against humanity. Sinotruk vehicles have also been used to transport those arbitrarily detained. […]
German truck manufacturer MAN is a major strategic shareholder in Sinotruk Hong Kong. Through their partnership with Sinotruk, MAN is directly linked to the Myanmar military’s grave human rights violations and must act now to end its complicity. […]
Sinotruk has several entities active in Myanmar. In 2011, Sinotruk signed an agreement with No1 General Heavy Industries Enterprise to upgrade the No1 Myanmar Automobile Plant using a loan from China. The upgrade allowed for production and assembly of Sinotruk’s HOWO model truck.  The trucks visible at recent protests across Myanmar appear to be Sinotruk’s HOWO model. Since the illegitimate February 1, 2021 military coup, No1 General Heavy Industries Enterprise is now under control of the military junta. […]
Sinotruk has been identified at protests around Myanmar. A Süddeutsche Zeitung investigation found photos and videos of Sinotruk vehicles at protests in Yangon, Mandalay and Naypyidaw.  
Photos of Myanmar soldiers firing slingshots and air rifles from Sinotruk vehicles have been widely circulated on social media.
According to a military blog, heavy duty MILTRUK-branded vehicles are used by the Myanmar military under licence from Sinotruk. […]
The military’s MILTRUK fleet has been featured at Armed Forces Day parades mounted with missiles, including on March 27, 2021, the bloodiest day since the coup in which at least 114 people were deliberately killed by junta forces. […]
As a major partner of Sinotruk, with four seats on the Sinotruk Hong Kong board, MAN must use its leverage to end all Sinotruk business with the Myanmar military.

source: justiceformyanmar.org

As Myanmar’s generals look for revenues to prop up their new dictatorship following the February 1 coup, there’s one source of money they can count on: natural gas projects backed by foreign investors including France’s Total and Chevron of the US, South Korea’s Posco and Malaysia’s Petronas.
Much of this money is not paid directly from oil companies to the government. It flows through Myanma Oil and Gas Enterprise (MOGE), a state-owned enterprise with deep links to the military’s business empire. Alarmingly, the recent military coup places MOGE and the rest of the government under direct military control. […]
The prospect of international sanctions against the military regime in Myanmar poses particular problems for Total, which operates the giant Yadana offshore gas project and owns 31.24 per cent of it.
Chevron owns 28 per cent of the project, with the rest being owned by Thailand’s PTTEP and MOGE. The partners also own stakes in a company which pipes the gas to its main market in Thailand.
Total has reported that it paid €229.6 million (US$257 million) to Myanmar in 2019 in taxes and the government’s share of gas production. […]
Total is also leading a new huge offshore gas development, known as A6, which is crucial to shoring up Myanmar’s declining gas production and would be a key source of funds for a protracted military dictatorship. […]

Natural gas is Myanmar’s second biggest export after manufactured goods and almost all of the government’s hydrocarbon revenues come from Yadana and three other giant gas projects.
The most recent figures for all companies show that in the year to March 2018, Total, which operates the Yadana gas project, paid roughly US$254 million to Myanmar.
Petronas, which operates the Yetagun project, paid the equivalent of US$208 million to the government that year while South Korea’s Posco, which operates the Shwe project, paid US$194 million.
Thailand’s PTTEP, which runs the smaller Zawtika gas project, paid US$41 million.
These giant projects, which supply natural gas to Thailand and China, accounted for almost all of Myanmar’s US$737 million in oil and gas earnings in the year to March 2018. The government earned another US$300 million that year from transport fees paid by companies to use gas export pipelines, built on land confiscated from indigenous people.
Myanmar was forecast to earn 2,305 billion kyat (about US$1.5 billion) from oil and gas revenues in 2020/21, according to a budget brief from the Ministry of Planning, Finance and Industry.

source: justiceformyanmar.org