Future Fund forced to divest $5m from sanctioned Chinese weapons company
The investment was first revealed using freedom of information laws which the Coalition is trying to prevent happening again
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The Future Fund has been forced to divest about $5m in taxpayers’ money from a Chinese state-controlled weapons manufacturer sanctioned for selling 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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