|
|
|
US sanctions Myanmar judiciary officials on coup anniversary
Headline Legal News |
2022/01/31 12:20
|
The Biden administration on Monday slapped sanctions on top members of Myanmar’s judiciary and one of its main revenue-producing ports over rights abuses since last year’s coup.
The sanctions on the country’s attorney general, supreme court chief justice and others were announced by the Treasury and State Departments to coincide with the one-year anniversary of the February 2021 coup, which replaced a civilian-led government with a military regime.
The penalties freeze any assets that those targeted may have in U.S. jurisdictions and bar Americans from doing business with them and are to be complemented by similar measures from Britain and Canada.
“One year after the coup, the United States, along with allies in the United Kingdom and Canada, stands with the people of Burma as they seek freedom and democracy,” Treasury said in a statement using the country’s alternate name. “We will continue to target those responsible for the coup and ongoing violence, enablers of the regime’s brutal repression, and their financial supporters.”
Among the judiciary, the new sanctions apply to Attorney General Thida Oo, Supreme Court chief justice Tun Tun Oo, and Tin Oo, the chairman of the Myanmar’s anti-corruption commission. The sanctions also hit the KT Services and Logistics Company, which operates a major port in Myanmar’s economic hub of Yangon, and its CEO as well as the procurement department of the country’s defense ministry.
“The United States will continue to work with our international partners to address human rights abuses and press the regime to cease the violence, release all those unjustly detained, allow unhindered humanitarian access, and restore Burma’s path to democracy,” Secretary of State Antony Blinken said.
|
|
|
|
|
|
|
 |
Investment Fraud Litigation |
|
|
|
|
Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
|
|
|
| |
| |
| |
|
The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
|
Legal News RSS Feed
