No. 5556/5558, Sagaing Street, Oattarathiri Township, Naypyitaw, Burma
Reg. ID
114620785, Business Registration Number
Official reason
Tun has utilized his companies, including the Burma-based STAR SAPPHIRE GROUP OF COMPANIES and Burma-based STAR SAPPHIRE TRADING COMPANY LIMITED, to import military arms and equipment, including drones and aircraft parts, while acting as Burma’s agent with the U.S.-sanctioned People’s Republic of China arms manufacturer NORINCO. WIN MIN SOE is the wife of Tun Min Latt and is a co-owner with him of both Star Sapphire Trading Company Limited and the Singapore-based STAR SAPPHIRE GROUP PTE. LTD.
Win Min Soe is being designated pursuant to E.O. 14014 for being a spouse or adult child of Tun Min Latt, a person whose property and interests in property are blocked pursuant to E.O. 14014.
Star Sapphire Group of Companies, Star Sapphire Trading Company Limited, and Star Sapphire Group Pte. Ltd. are being designated pursuant to E.O. 14014 for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, Tun Min Latt, a person whose property and interests in property are blocked pursuant to E.O. 14014. Star Sapphire Group Pte. Ltd. is also being designated pursuant to E.O. 14014 for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly Win Min Soe, a person whose property and interests in property are blocked pursuant to E.O. 14014.
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.
