NZ Super Fund: Links to Myanmar military

Grant Robertson

The Green and National parties are requesting NZ Super face a parliamentary select committee after it was revealed that the scheme has investments in the Indian Adani Group that has close ties to the Myanmar military.

NZ Super holds just under $2 million in Adani Ports and Special Economic Zone in a passive index fund. Adani is building a port in Myanmar, paying tens of millions of dollars in lease fees to a company run by the military.

As of March 3, 550 civilians have been killed as a result of the military uprising in Myanmar. 

National's foreign affairs spokesperson Gerry Brownlee is asking for the NZ Super Fund to face the Foreign Affairs, Defence and Trade Committee “to discuss the ethical investment parameters they work within”.