Following a report from BuzzFeed News, Sen. Marco Rubio and Rep. Tom Suozzi want to scrutinize the ties between US institutional investors and two successful Chinese facial recognition companies, SenseTime and Megvii.
in companies in Xinjiang, and once held a significant stake in a firm that had collected personal identification data on 2.5 million people, nearly one-third of whom were Uighurs, according to a leaked database.
“We will continue to urge companies that do business in China to undertake human rights due diligence in line with the UN Guiding Principles on Business and Human Rights and implement safeguards to mitigate the risk that commercial activities are contributing to China’s human rights violations or abuses,” the spokesperson said.
Late last month, LACERA’s board voted to place CEO Lou Lazatin on leave, a company spokesperson confirmed to BuzzFeed News. The spokesperson declined to explain the reason for her departure or whether it was linked to LACERA’s indirect investment in SenseTime. BuzzFeed News found that the New York State Teachers’ Retirement System was an indirect investor in SenseTime, though Suozzi did not directly address that connection. Smith did not return a request for comment.
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