UK announces sanction against Tay Za, Htoo group

03 September 2021
UK announces sanction against Tay Za, Htoo group
 Britain's Foreign Secretary Dominic Raab speaks during a joint press conference with Qatar's foreign minister, in the capital Doha, on September 2, 2021. Photo: AFP

British Foreign Secretary Dominic Raab has announced new sanctions against Myanmar businessman U Tay Za and his business empire Htoo Group.

Htoo Group of Companies, of which U Tay Za is the founder and chairman, is a large business network that operates across the region, which contributed funds to the 2017 Rohingya clearance operations in Rakhine, according to the UK statement.

It continued, ‘U Tay Za is associated with the military through his extensive links with the former and current junta regimes and has provided support for serious human rights violations in his role in assisting the military to procure arms. . . These sanctions make clear that the UK will take concrete measures to limit the junta’s access to finance and economic resources, including by targeting business networks associated with the military regime.’

Foreign Secretary, Dominic Raab, said, ‘The military junta has shown no signs of halting its brutal attack on the people of Myanmar. Along with our partners, the UK will continue to restrict the junta’s access to finance and the supply of arms used to kill innocents, including children, and target those who support the junta’s actions.’

Enforced with immediate effect, sanctions will freeze all UK assets held by Htoo Group and U Tay Za, as well as banning the business tycoon from entering the UK. Sanctions will also block others from providing funds or economic resources to both those designated.