Recently-released “wikileaks” have confirmed that an arrangement, by which Ivanhoe supposedly transferred its 50% stake in Burma’s Monwya copper mine to an independent “third party” trust, was nothing of the kind. As well as breaching international sanctions against the country’s dictatorship, the company also lied about the nature of the transaction. A Chinese arms firm ended up owning the stake. Moreover, Ivanhoe’s partner, Rio Tinto, ignored the implications of the deal, thereby transgressing its earlier undertaking not to invest in the country while under military rule.