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27 Nov 2023

Myanmar: U.S. Department of the Treasury prohibits financial services to or for the benefit of Myanma Oil and Gas Enterprise; targets three entities allegedly assisting military regime

The U.S. Department of the Treasury issued a directive that prohibits certain financial services by U.S. persons to or for the benefit of Myanma Oil and Gas Enterprise (MOGE). The directive targets three entities, Sky Royal Hero Company Limited, Suntac Technologies Company Limited, and Suntac International Trading Company Limited, which allegedly assisted the military regime's importation of arms, dual-use goods, and other materials. In its press release, the Treasury also mentioned Sky Aviator Company Limited for its alleged relationship with Sky Royal Hero.

The Business and Human Rights Resource Centre invited the companies to respond. None responded.

Company Responses

Sky Royal Hero Company Limited

No Response

Suntac Technologies Company Limited

No Response

Suntac International Trading Company Limited

No Response

Sky Aviator Company Limited

No Response

Timeline