YANGON -- A Myanmar conglomerate created and controlled by the military is financing the armed forces, Amnesty International said in a report Thursday that called for foreign partners to sever ties.
The human rights group's report described military units and veteran associations as owning about one-third of Myanma Economic Holdings, with serving and retired military personnel owning the rest. Generals and units directly responsible for human rights violations, including the persecution of Rohingya Muslims, have received big dividend payments, the report said.