Burma

NUG Urges Boycott of Myanmar Coup Leader Family Businesses

By The Irrawaddy 19 October 2021

Myanmar’s parallel National Unity Government (NUG) has urged the public to refuse to work for businesses run by the family of coup leader Senior General Min Aung Hlaing.

The NUG’s Ministry of Commerce declared in an October 18 statement that 15 companies owned by the junta chief’s family should be boycotted as they are supporting violence against civilians.

Anyone who doesn’t abide by the NUG’s statement risks being listed as a collaborator with the military regime, as Snr. Gen. Min Aung Hlaing is benefiting personally from the companies.

Citing an investigation by the NUG’s Economic Intelligence Unit, Daw Khin Ma Ma Myo, the NUG’s Minister of Commerce, said that “Min Aung Hlaing, the perpetrator of the state rebellion and war crimes, is abusing the military’s power and running many businesses for the benefit of his family.”

His family’s companies include medical supplies, hospitals, construction, hotels, transportation, film production and entertainment, insurance, telecommunications, an art gallery, restaurants and a gym, according to the Ministry of Commerce’s statement.

The Myanmar military also owns two conglomerates – Myanmar Economic Holdings Limited and Myanmar Economic Corporation – which operate in almost all sectors of the economy.

Senior General Min Aung Hlaing (middle, front row) attends the opening of the Kan Thar Yar Hospital, in which his family has shares, in December 2017. / Senior General Min Aung Hlaing website

Daw Khin Ma Ma Myo told The Irrawaddy that people supporting the pro-democracy movement are already boycotting military-affiliated businesses. However, some people are still working with military-backed companies, which allows the junta to raise funds to continue their lethal crackdowns on civilians.

“We have to uproot the culture of having military-owned businesses and companies owned by military leaders’ families,” she said.

“If you don’t want to be on the list of people supporting violence, this is the time to retreat. We urge the public to refuse to use the services these companies provide and not to act as proxy directors or owners or allow their names to be used to register military-backed companies,” added Daw Khin Ma Ma Myo.

The NUG said that people who did collaborate with the businesses, whether as partners, directors, board members, shareholders, staff and legal advisers, risked being punished by the law.

“Action will be taken in accordance with international law and procedures,” the NUG said in its statement.

Of the 15 businesses listed by the NUG, the Mytel Group Company, part-owned by the military, and the Seventh Sense entertainment company, led by the coup leader’s daughter, were listed as ‘suspended’ when their status was checked October 19 on the Directorate of Investment and Company Registration (DICA) website. Information on some of the other companies listed by the NUG was also unavailable on the DICA website, the source of company information under the ousted National League for Democracy government.

The list of companies affiliated to Snr. Gnr. Min Aung Hlaing and his family, as issued by the NUG, is as follows.

  1. A & M Mahar Foods and Medical Products Company
  2. Sky One Construction Company
  3. The Yangon Restaurant, Yangon Gallery for art exhibitions
  4. Everfit Company Limited, gym and fitness in Yangon
  5. Seventh Sense Company Limited, film production and entertainment
  6. Stellar Seven Entertainment Company (Limited)
  7. Azura Beach Resort in Chaung Tha, Ayeyarwady Region
  8. Aung Myint Moh Min Insurance Company Limited
  9. Mytel Telecom Company
  10. Bone Myat Pyae Sone Trading Company (Limited)
  11. Kan Thar Yar Hospital
  12. JOOX MYANMAR Music platform
  13. Pullman Hotel in Mandalay
  14. Nyein Chan Pyae Soe Bus Terminal
  15. Moe Kaung Yadanar Mother and Child Care Hospital.


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