Banking: Criticism Rbs 'Profits From Burma Links' Rbs 'Profits From Burma Links' Human Rights Groups Claim Stake in Chinese Bank Sees Scots Company Cash in On Oil Interests

Summary


ONE of Scotland's premier international companies has been accused of "fuelling repression" by propping up the brutal military regime that rules Burma.

Campaigners allege the Royal Bank of Scotland (RBS), through its stake in the Bank of China, is collaborating with oil and gas firms run by the Burmese junta. As a result, they claim, RBS is reaping millions of pounds in profit from a regime that abuses human rights and pollutes the planet.

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Banking: Criticism Rbs 'Profits From Burma Links' Rbs 'Profits From Burma Links' Human Rights Groups Claim Stake in Chinese Bank Sees Scots Company Cash in On Oil Interests

RBS controls 8.25-per cent of the Bank of China, and its chief executive, Sir Fred Goodwin, is a director on the Chinese bank's board...

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