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The Guardian - AU
The Guardian - AU
World
Christopher Knaus and Ben Doherty

Future Fund forced to divest $5m from sanctioned Chinese weapons company

Myanmar Millitary's armored vehicles stand at Nay Pyi daw council road, where is Dat Khi Na district court located in Naypyitaw, Myanmar
The Chinese state-controlled weapons manufacturer that the Future Fund had invested in was found to be selling arms to the Myanmar military. Photograph: Anadolu Agency/Getty Images

The Future Fund has been forced to divest about $5m in taxpayers’ money from a Chinese state-controlled weapons manufacturer that sold arms to the genocidal Myanmar military.

Last year, the Guardian revealed that Australia’s sovereign wealth fund had invested $4.9m in five subsidiaries of the Chinese arms conglomerate Aviation Industry Corporation of China (AVIC).

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