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Canonical ID: NK-fB3Skz7dytKLSWtyR2Tb6K · Entity type: Company (reference)
| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
LegalEntity:address | Bu Tar Street, Forest Street, Corner of Yone Gyi Quarter, Monywa, Myanmar | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:addressEntity | addr-bff39a586b4d99de1ad26910aaebcdbf2ebe9120 | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:country | mm | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:createdAt | 2022-03-07 | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:id | af94eaf7795a7d9b3c7c4c99fa9bc7064d522379 | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:legalForm | State-Owned Enterprise | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:modifiedAt | 2022-03-07 | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:name | No. 1 Mining Enterprise (ME1) | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:notes | No. 1 Mining Enterprise (ME 1) is a State-owned enterprise (SOE) operating under the Ministry of Natural Resources and Environmental Conservation (MONREC) that also acts as the regulator for the sector of non-ferrous metal production and marketing. As such, the SOE is endowed with the responsibility to grant permits and collect part of the tax on profits made by private companies that are either in ‘production-sharing contracts’ or in joint venture with ME 1. On 1 Feb 2021 the Myanmar Armed Forces (Tatmadaw), led by Commander-in-Chief Min Aung Hlaing, seized power from the legitimate civilian Government in a coup d’état and established the State Administration Council (SAC) to exercise legislative, executive and judicial powers of the State. On 2 Feb 2021 the military regime appointed a new cabinet, including a new minister for Natural Resources and Environmental Conservation (MONREC). Through the SAC and the new cabinet, the military regime acquired control over and benefits from SOEs, including No. 1 Mining Enterprise. No. 1 Mining Enterprise is thus controlled by and generates revenue for the Tatmadaw, therefore contributing to its capabilities to carry out activities undermining democracy and the rule of law. Moreover, No. 1 Mining Enterprise has taken part and/or overseen various projects linked to violence by the Tatmadaw against civilian populations and violation of their most basic rights, including through land confiscation and forced relocation. No. 1 Mining Enterprise is therefore responsible for supporting actions that threaten the peace, security and stability of Myanmar/Burma. | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:notes | Phone number: 09-071-21168 | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:notes | Place of registration: Myanmar/Burma | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:programId | SECO-MYANMAR | ch_seco_sanctions | ch-seco-47798 | ||||
LegalEntity:topics | sanction | ch_seco_sanctions | ch-seco-47798 | ||||