German company halts supply of Myanmar bank note components

German company halts supply of Myanmar bank note components

AFP

A German company that supplies products to make Myanmar bank notes has suspended deliveries in response to growing violence following the military coup to oust civilian leader Aung San Suu Kyi, it said Wednesday.

Giesecke and Devrient said in a statement that it was halting all deliveries to Myanmar's state-owned Security Print Works "with immediate effect".

"This is a reaction to the ongoing violent clashes between the military and the civilian population," the Munich-based company said.

The company had already restricted its supply of raw materials, supplies and system components for the production of banknotes in recent weeks.

© AFP