Kirin undecided on Myanmar beer business after inconclusive third-party probe

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Rights groups have called on Kirin and other firms to cut ties with Myanmar Economic Holdings Public Company over its alleged military links.

said on Thursday, January 7, it was undecided on the future of its Myanmar beer business after a third-party probe into its local partner's military connections ended with inconclusive results.

"Unfortunately, the assessment was inconclusive as a result of Deloitte being unable to access sufficient information required to make a definitive determination," Kirin said in a statement.Groups such as Amnesty International have called on Kirin and other companies to cut ties with MEHL. Kirin said in November it was halting payments from the beer ventures to MEHL, a suspension it said would continue until a solution was found.

It was unclear what steps Kirin will take next, and aid groups have said exiting Myanmar is not necessarily the answer as that leaves the beer venture's ties to the military intact.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines