Farmers in Magwe Region have called on the new Union and regional governments to help recover land they say was taken from them by the military in 1998. U Paw Oo, chair of the farmers’ network in Sinbaungwe township, says more than 12,000 acres of prime paddy-growing land was confiscated and the farmers who had lived on it displaced.
Yangon City Development Committee was thrown into chaos yesterday after the newly appointed mayor announced plans to reorganise the local administration’s hierarchy and curb the term of four serving members.
The United States last night announced it had extended sanctions against companies and individuals in Myanmar, adopting new measures targeted against Steven Law’s Asia World while removing some state-owned entities from its list.
The world’s largest data leak – the Panama Papers – has revealed a secretive network of offshore jurisdictions used by some of the most wealthy to stash assets, subvert sanctions, launder money and evade taxes. An extensive database detailing companies and businesspeople involved in the leak holds 16 names from Myanmar, including CB Bank chair U Khin Maung Aye and former dictator U Ne Win’s son-in-law U Aye Zaw Win.