A/HRC/42/CRP.3
B.
MEHL and MEC subsidiaries
61.
Through its investigations, the Mission identified 106 military businesses that it
concluded on reasonable grounds are fully owned by MEHL and MEC, among them 45
subsidiaries of MEHL and 61 subsidiaries of MEC. The Mission identified a further 27
businesses that it concluded on reasonable grounds are affiliated with MEHL and MEC
through their corporate structures. The Mission is certain that it has not been successful in
identifying all MEHL and MEC subsidiaries.
62.
Identified MEHL subsidiaries span a diverse range of industries, including ruby and
jade mining, cement manufacturing, construction, tourism, banking and insurance. MEHL
businesses are structured into three departments: service, trade and production. The MEHL
service department is led by Major General Aung Ye Win, a retired member of the Tatmadaw,
who serves as a managing director.136 The trade department is led by Dr. Tun Zan Aung, a
director. The production department is led by Colonel Win Kyi, a retired Tatmadaw officer,
and deputy managing director.137
136
137
24
The Union of Myanmar Economic Holdings Ltd. (Ministry of Defense), Announcement of Status
Change to a Public Company, 30 March 2016 “Announcement to Shareholders” and 6 May 2019
summary of governance structure.
The Union of Myanmar Economic Holdings Ltd. (Ministry of Defense), Announcement of Status
Change to a Public Company, 30 March 2016 “Announcement to Shareholders” and 6 May 2019
summary of governance structure.
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