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Canonical ID: NK-Lme4V5QWJ3uZXogQE6ohqT · Entity type: Company (reference)
| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
LegalEntity:notes | Place of registration: Yangon, Myanmar/Burma | ch_seco_sanctions | ch-seco-45097 | ||||
LegalEntity:notes | 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. | ch_seco_sanctions | ch-seco-45097 | ||||
LegalEntity:notes | Phone number: 01-8221369 | ch_seco_sanctions | ch-seco-45097 | ||||
LegalEntity:notes | Place of business: Myanmar/Burma | ch_seco_sanctions | ch-seco-45097 | ||||