12/LAMANAN133128, National ID No.;
MG551721, Passport
Official reason
Today, OFAC is designating Shwe Byain Phyu Group of Companies, Thein Win Zaw, and Myanma Five Star Line Company Limited, which are three targets previously designated by the Government of Canada on October 31, 2023.
Shwe Byain Phyu Group of Companies (SBPG) is a Burmese holding company established by Thein Win Zaw in 2000. Since its establishment, SBPG has developed a historic relationship with Burma’s military to import and distribute petroleum , including on behalf of MEHL. SBPG operates at least nine subsidiaries that are involved in petroleum, manufacturing, and logistics activities. SBPG, through its subsidiaries, has developed a profit-sharing partnership with MEHL for and the import and distribution of fuel.
SBPG is designated pursuant to E.O. 14014 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of MEHL.
Thein Win Zaw is a Burmese national and is the chairman, founder, and owner of SBPG. He has provided fuel to Burma’s navy while using his companies to import petroleum and share profits with MEHL.
Thein Win Zaw is designated pursuant to E.O. 14014 for being, or having been, a leader or official of SBPG, an entity whose property and interests in property are blocked as a result of activities related to the leader’s or official’s tenure.
Tin Latt Min is a Burmese national that owns or controls, alongside her husband Thein Win Zaw and their adult children Theint Win Htet and Win Paing Kyaw, various companies that are closely related to the regime.
Tin Latt Min, Theint Win Htet, and Win Paing Kyaw are designated pursuant to E.O. 14014 for being a spouse or adult child of Thein Win Zaw, a person whose property and interests in property are blocked under E.O. 14014.
Thein Win Zaw and his above family members own at least 20 companies in various sectors of the Burmese economy and are also closely associated with the regime.
On February 10, 2021, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–1706) (IEEPA), issued Executive Order (E.O.) 14014 of February 10, 2021, “Blocking Property With Respect to the Situation in Burma” (86 FR 9429, February 12, 2021).
In E.O. 14014, the President determined that the situation in and in relation to Burma, and in particular the February 1, 2021 coup, in which the military overthrew the democratically elected civilian government of Burma and unjustly arrested and detained government leaders, politicians, human rights defenders, journalists, and religious leaders, thereby rejecting the will of the people of Burma as expressed in elections held in November 2020 and undermining the country's democratic transition and rule of law, constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States and declared a national emergency to deal with that threat.
OFAC is issuing the Burma Sanctions Regulations, 31 CFR part 525 (the “Regulations”), to implement E.O. 14014, pursuant to authorities delegated to the Secretary of the Treasury in E.O. 14014. A copy of E.O. 14014 appears in appendix A to this part.
The Regulations are being published in abbreviated form at this time for the purpose of providing immediate guidance to the public. OFAC intends to supplement this part 525 with a more comprehensive set of regulations, which may include additional interpretive and definitional guidance, general licenses, and other regulatory provisions. The appendix to the Regulations will be removed when OFAC supplements this part with a more comprehensive set of regulations.
