Myanmar: Freezing of Assets

Foreign, Commonwealth and Development Office written question – answered on 30th March 2021.

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Photo of Rushanara Ali Rushanara Ali Labour, Bethnal Green and Bow

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether the Government has taken steps to freeze assets of the Government of Myanmar in the UK, including all bank accounts and properties.

Photo of Nigel Adams Nigel Adams Minister of State (Foreign, Commonwealth and Development Office)

We have imposed travel bans and asset freezes on nine senior military officers responsible for serious human rights violations during the coup. This is in addition to the 16 individuals previously designated for serious human rights violations in Myanmar. It is the Myanmar military that are responsible for the coup and the abhorrent human rights violations associated with it and we are determined to impose a cost on them. We will consider all tools at our disposal, including further sanctions on individuals and entities.

We have used the Burma sanctions regime and the Global Human Rights regime to target those responsible for human rights violations in Myanmar. On Thursday 26 March we imposed sanctions on military owned entity Myanmar Economic Holdings Limited (MEHL), in concert with the US to incur a cost on the military for the coup.

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