A year after the hijacking of democracy by a brutal military coup d’état, the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) sanctioned seven individuals and two entities serving the regime or are affiliated with the military.
The designations came as a joint action of the U.S. with United Kingdom and Canada each designated two Burmese government officials.
The brutal military regime of Burma has so far targeted dissidents and peaceful demonstrators to consolidate its power. Corruption has been rampant as the regime exercises heavy-handed control over the country, A year after the hijacking of democracy by a brutal military coup d’état, the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) sanctioned seven individuals and two entities serving the regime or affiliated with the military.transparency has been minimized.
As a gesture of solidarity with the people of Burma, the U.S., the U.K. and Canada imposed sanctions on “enablers of the regime’s brutal repression”.
Burmese Officials Sanctioned
The Treasury sanctioned two judicial figures responsible for make-up, charges against pro-democracy leaders and their persecution. Undermining the rule of law and the democratic institutions of the country, Thida Oo and Tun Tun Oo are designated on grounds of serving as leaders or officials of the Government of Burma on or after February 2, 2021.
Tin Oo, the Chairman of the Anti-Corruption Commission, the ACC, is responsible for the removal of the National League for Democracy (NLD) as a political force, via targeting Aung San Suu Kyi and other civilian government officials with fraudulent charges of corruption.
Entities and Individuals supporting the Military Regime
The Treasury targeted companies and individuals providing material, financial or technological assistance to the military regime.
Operators of the TMT Port in Yangon, Burma since 2015, KT Services & Logistics Company Limited (KTSL) and its CEO & the Director of the KT Group Subsidiary KTSL Jonathan Myo Kyaw Thaung are sanctioned by the Treasury for the support they extend to the regime.
The Directorate of Procurement of the Commander-In-Chief of Defense Services (Army), responsible for the procurement of equipment and arms and Tay Za, the owner of multiple companies that provide equipment and services to the Burmese Military, along with his two family members (sons) who are in charge of business dealings with the Burmese military, are designated on grounds of providing equipment support to the regime.
Shortly ago, the U.S. Government had issued a Burma business advisory explaining the heightened risks associated with doing business in Burma.
