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Myanmar Economic Corporation Limited

Sanctioned entity
TypeOrganization[sources]
NameMYANMAR ECONOMIC CORPORATION LIMITED · Myanma Economic Corporation (MEC) · Myanmar Economic Corporation · Myanmar Economic Corporation Limited[sources]
Other nameMEC · MYANMAR ECONOMIC CORPORATION · Myanmar Economic Corporation[sources]
Weak aliasMEC[sources]
Incorporation date[sources]
Legal formCompany limited by shares · Military Holding Company · société à responsabilité limitée par actions[sources]
JurisdictionMyanmar (Burma)[sources]
CountryMyanmar (Burma)[sources]
E-Mailmecadm.hq@gmail.com[sources]
Phone+9518221369[sources]
Registration number105444192 · SMY2YN15JJC8[sources]
Unique Entity IDSMY2YN15JJC8[sources]
Statusnot available[sources]
AddressCORNER OF AHLONE ROAD & KANNAR ROAD, AHLONE TOWNSHIP, RANGOON, MMR · Corner of Ahlone Road & Kannar Road, Ahlone Township, Rangoon · Corner of Ahlone Road and Strand Road, Ahlone Township, Yangon · Corner of Ahlone road & Kannar road, Ahlone, Yangon, MYANMAR · Corner of Ahlone road & Kannar road, Ahlone, Yangon, Myanmar · 4 more...[sources]
Source linkgels-avoirs.dgtresor.gouv.fr · sanctionssearch.ofac.treas.gov[sources]
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Descriptions

Registration Number 105444192

Australian Sanctions Consolidated List,

Type of entity: Company limited by shares

Belgian Financial Sanctions,

Place of business: Myanmar/Burma

Belgian Financial Sanctions,

Myanmar Economic Corporation (MEC) is a conglomerate owned and controlled by the Myanmar Armed Forces (Tatmadaw), having subsidiaries and affiliated companies in diverse sectors of the economy, including banking, insurance, construction, trade, transportation, mining, gem extraction, manufacturing and tourism. MEC and its subsidiaries generate revenue for the Tatmadaw, therefore contributing to its capabilities to carry out activities undermining democracy and the rule of law and to serious human rights violations in Myanmar/Burma. MEC’s board of directors is exclusively composed of senior officers (active or retired) of the Tatmadaw. MEC and its subsidiaries donated assets to the military in 2017 during the Tatmadaw’s fundraising ceremonies. Therefore MEC financially supported the Tatmadaw and thus contributed to its capability to carry out the “clearance operations” and serious human rights violations in 2017 against the Rohingya population.

Swiss SECO Sanctions/Embargoes,

Place of business: Myanmar/Burma

Swiss SECO Sanctions/Embargoes,

Phone number: 01-8221369

Swiss SECO Sanctions/Embargoes,

Place of registration: Yangon, Myanmar/Burma

Swiss SECO Sanctions/Embargoes,

Type of entity: Company limited by shares

EU Financial Sanctions Files (FSF),

Place of business: Myanmar/Burma

EU Financial Sanctions Files (FSF),

Lieu principal d'activité: Myanmar/Birmanie;La Myanmar Economic Corporation (MEC) est un conglomérat détenu et contrôlé par les forces armées du Myanmar/de la Birmanie (Tatmadaw), disposant de filiales et d'entreprises liées dans divers secteurs de l'économie, notamment la banque, les assurances, la construction, le commerce, les transports, l'exploitation minière, l'extraction de gemmes, l'industrie manufacturière et le tourisme. MEC et ses filiales génèrent des recettes en faveur de la Tatmadaw, contribuant ainsi à sa capacité à mener des activités portant atteinte à la démocratie et à l'état de droit et à commettre de graves violations des droits de l'homme au Myanmar/en Birmanie. Le conseil d'administration de MEC est exclusivement composé d'officiers de haut rang (d'active ou à la retraite) de la Tatmadaw.MEC et ses filiales ont fait don de biens à l'armée en 2017 lors de cérémonies de collecte de fonds organisées par la Tatmadaw. Par conséquent, MEC a soutenu financièrement la Tatmadaw et a ainsi contribué à sa capacité à mener des "opérations de nettoyage" et à commettre de graves violations des droits de l'homme à l'encontre des Rohingyas en 2017

French National Asset Freezing System,

Names of Director(s)/Management: Lt Gen (retired) Nyo Saw (Former QMG – retired in 2020); Maj Gen Moe Myint Htun (Army COS); Rear Admiral Moe Aung (Navy COS); Lt Gen Htun Aung (Air Force COS); Brig Gen Aung Kyaw Hoe (Defence Perm Sec); Aung Lin Tun (Htun); Maj Gen Aung Zay Ya; Khin Maung Soe; Maj Gen Maung Maung Myint; Brig Gen Thaik Soe; Thant Swe; Thant Zin; Maj Gen Thaw Lwin; Thein Toe; Maj Gen Zaw Lwin Oo; Zin Min Htet; Aung Min; Htun Htun Oo; Myo Thant; Win Lwin. Ultimate beneficial owner(s): Myanmar senior military leadership, units and battalions.

UK FCDO Sanctions List,

Names of Director(s)/Management: Lt Gen (retired) Nyo Saw (Former QMG – retired in 2020); Maj Gen Moe Myint Htun (Army COS); Rear Admiral Moe Aung (Navy COS); Lt Gen Htun Aung (Air Force COS); Brig Gen Aung Kyaw Hoe (Defence Perm Sec); Aung Lin Tun (Htun); Maj Gen Aung Zay Ya; Khin Maung Soe; Maj Gen Maung Maung Myint; Brig Gen Thaik Soe; Thant Swe; Thant Zin; Maj Gen Thaw Lwin; Thein Toe; Maj Gen Zaw Lwin Oo; Zin Min Htet; Aung Min; Htun Htun Oo; Myo Thant; Win Lwin. Ultimate beneficial owner(s): Myanmar senior military leadership, units and battalions.

UK HMT/OFSI Consolidated List of Targets,

Adresse : BIRMANIE/MYANMAR : Croisement de Ahlone road et Kannar road, Ahlone, Yangon, Téléphone : 01-8221369, Courriel : mecadm.hq@gmail.com

Monaco National Fund Freezing List,

Relationships

Data sources

EU Financial Sanctions Files (FSF)6,541

As part of the Common Foreign Security Policy the European Union publishes a sanctions list that is implemented by all member states.

European Union · DG FISMA

Canadian Consolidated Autonomous Sanctions List4,428

Sanctions imposed by Canada on specific countries, organizations, or individuals under the Special Economic Measures Act (SEMA) and JVCFOA

Canada · Global Affairs Canada

UK FCDO Sanctions List4,765

UK sanctions collated by the Foreign, Commonwealth & Development Office

United Kingdom · FCDO

US Trade Consolidated Screening List (CSL)21,254

The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, reexports, or transfers of items.

United States · ITA

Swiss SECO Sanctions/Embargoes8,433

Switzerland manages a sanctions lists with a high degree of detail on the individuals that are subject to it's embargoes

Switzerland · SECO

Australian Sanctions Consolidated List4,251

The Consolidated List is a list of all persons and entities who are subject to targeted financial sanctions under Australian sanctions law

Australia · DFAT

US OFAC Specially Designated Nationals (SDN) List33,376

The primary United States' sanctions list, specially designated nationals (SDN) part.

United States · OFAC

Monaco National Fund Freezing List5,230

A list of entities subject to fund and economic resource freezing procedures

Monaco · Monaco

Belgian Financial Sanctions6,602

Belgium extends the European FSF sanctions list on the basis of a national terrorist list, issued by the National Security Council

Belgium · FOD

French National Asset Freezing System5,253

The register lists all persons, entities and vessels subject to asset freezing measures in force on French territory, pursuant to national, European and international (UN) provisions.

France · DGT

UK HMT/OFSI Consolidated List of Targets6,295

The United Kingom's consolidated international sanctions list.

United Kingdom · OFSI

US SAM Procurement Exclusions112,254

A database of suppliers who have been excluded from participating in US federal procurement.

United States · GSA


Source data IDs: ch-seco-45097 · trade-csl-6094d1623daf33ca658135bf42593eb1dfc431a2 · gb-hmt-14081 · mc-freezes-4932f0604fc73540edd8cb366e8f8488e2819e80 · au-dfat-7333-myanmar-economic-corporation · gb-fcdo-ghr0081 · eu-fsf-eu-6313-7 · ca-sema-1-20-mm-myanma-economic-corporation-mec · ofac-31516 · usgsa-s4mrgkltg · trade-csl-5bc6b62372ddb38d8f3bcc56a768d25a2ada96f526411224e955f97a · fr-ga-3537 · ca-sema-burma-1-20 · ca-sema-1a6903c0d922506630e8e06781731edb2200766f

For experts: raw data explorer