Junta Cronies

The 71-year-old resigned from his 105 Yoma-linked firms while he remains under junta interrogation over allegations that his bank added to Myanmar's inflation woes.

The shadowy head of Myanmar Chemical & Machinery has grown rich thanks to his high-level contacts in the military and among arms suppliers in Ukraine, Serbia and China.

The junta crony and Yoma Bank head is being held and questioned in Naypyitaw, sources said. He was earlier questioned over Yoma’s lending to local buyers of Thai condos.

After capturing Thandwe Airport, the Arakan Army is just steps away from Myanmar’s most valuable beach and the crony-owned resorts that line the seven-kilometer stretch of the country’s finest white...

The regime, which wants to exploit oil and gas reserves, says it will develop two major oil wells with technical assistance from tycoon Michael Moe Myint’s fuel firm.

Despite being sanctioned by Washington, daughter of the founder of Myanmar military junta-linked crony conglomerate has enrolled in elite business school in France.

One of the country’s major private carriers, it was bought in 2018 by U Aung Aung Zaw’s 24 Hour Group from KBZ Group of Companies.

Justice for Myanmar has asked Italy to target resident Rachel Tayza, also known as Htoo Htwe Tay Za, daughter of a notorious arms broker.

Tun Min Latt—who has links to Myanmar’s junta boss—and his Thai co-defendants were acquitted due to a lack of evidence, the court said.

Regime cronies Thein Win Zaw and Mu Mu Shein are set to follow former lieutenant general Moe Myint Tun as targets of the junta’s graft crackdown, businesspeople say.