Myanmar: Caterpillar Disputes Illicit Jade Ties, Says ‘Robust Screening’ Used

Oct 27, 2015 | Seamus Martov, The Irrawaddy
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On the back of an explosive report into Burma’s jade trade, global construction giant Caterpillar has told The Irrawaddy that it took measures to ensure an appropriate level of screening was in place for its local business to guarantee compliance with American laws. The world’s leading manufacturer of earthmoving equipment came under fire in a detailed report released by Global Witness on Friday, which alleged widespread corruption in Burma’s multibillion dollar jade trade at the behest of the military, senior figures from the former junta and individuals connected to the drug trade.