UK Adds Myanmar Military Company to Sanctions List

The United Kingdom's Office of Financial Sanctions Implementation added the Myanmar Economic Holdings Public Company Ltd. to its sanctions list, subjecting it to an asset freeze, it said in a March 25 Financial Sanctions Notice. The major Myanmar conglomerate, owned by the Myanmar military, contributed to a series of fundraising events, which provided financial support to military personnel engaged in genocide against the Rohingya Muslim minority in the Southeast Asian nation.