The Jakarta Post
1 Mar 2008
Djoko Susilo
President George W. Bush recently issued an executive order, banning Americans from doing business with companies controlled by persons or institutions related to the Myanmar junta.
Many of the companies blacklisted by the U.S. Treasury Department are listed and operating in Singapore. On top of the list is Asia World Ltd., which is controlled by Steven Law and his father Lo Hsing Han. Both of them are good friends of Gen. Than Shwe.
Early last month, the U.S. government also issued an executive order banning Americans doing business with Htoo Trading Company Ltd., a Myanmar group of companies owned by Tay Za, who also operates Air Bagan, a private airline company. Air Bagan regularly flies between Yangon and Singapore, and flights are reportedly often full of passengers connected to the junta and its cronies.
It seems that they enjoy spending their money in Singapore. They don't think about the poverty in their country and that most of their fellow Myanmar citizens live extremely difficult lives.
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