Aung Pyae Sone is a Burmese business tycoon who owns a number of major companies, including Sky One Construction Company and Aung Myint Mo Min Insurance Company.
He is also reportedly the biggest shareholder in national telecoms carrier
Mytel
Mytel is a major telecommunications company in Myanmar (Burma), as one of four national carriers. Mytel is operated as a joint venture between the Burmese military and Viettel, which is owned by Vietnam's Ministry of National Defence. Mytel has ...
.
He is the son of Senior General
Min Aung Hlaing
Min Aung Hlaing ( my, မင်းအောင်လှိုင် abbreviated: MAL ; born 3 July 1956) also known as Alaungsithu is a Burmese politician and army general who has ruled Myanmar as the chairman of the State Administration Coun ...
, the current leader of Myanmar, concurrently serving as
and
Commander-in-Chief of the
Myanmar Armed Forces
Tatmadaw (, , ) is the official name of the armed forces of Myanmar (formerly Burma). It is administered by the Ministry of Defence and composed of the Myanmar Army, the Myanmar Navy and the Myanmar Air Force. Auxiliary services include t ...
.
Aung Pyae Some was born 24 June 1984 in Burma (now Myanmar). In 2013, Aung Pyae Sone won a
no-bid government permit well below market rates, for a 30 year lease on land at the Yangon
People's Park for a high-end restaurant and art gallery, following his father's promotion to Commander-in-Chief. Aung Pyae Sone also runs ''A&M Mahar'', which offers
Food and Drug Administration
The United States Food and Drug Administration (FDA or US FDA) is a List of United States federal agencies, federal agency of the United States Department of Health and Human Services, Department of Health and Human Services. The FDA is respon ...
(FDA) approvals and customs clearance services for drugs and medical devices.
Myanmar's customs department is led by Kyaw Htin, a former MEHL director.
Aung Pyae Sone was awarded an artificially low land lease from the Yangon Regional government and serves alcohol in breach of a
Yangon City Development Committee
Yangon City Development Committee ( my, ရန်ကုန်မြို့တော် စည်ပင်သာယာရေး ကော်မတီ, abbreviated YCDC) is the administrative body of Yangon, the largest city and former capital of M ...
prohibition. He also owns the
Kan Tharyar Hospital and Azura Beach Resort, which promotes itself as the largest resort in
Chaungtha.
In 2019,
United Nations fact-finding mission
A United Nations fact-finding mission, also called a United Nations commission of inquiry, is a United Nations mission carried out with the intention to discover facts. They are often sent to troubled areas. Fact-finding missions have been sent b ...
s called for action against companies owned by Aung Pyae Sone.
The
U.S. Department of the Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and t ...
has imposed
sanctions on him and his younger sister
Khin Thiri Thet Mon since 10 March 2021, pursuant to Executive Order 14014, in response to the
Burmese military's coup against the democratically elected
civilian government
Civil authority or civil government is the practical implementation of a state on behalf of its citizens, other than through military units (martial law), that enforces law and order and that is distinguished from religious authority (for exampl ...
of Myanmar. The sanctions include
freezing of assets under the US and a ban on transactions with
US persons. He became a major target of a domestic boycott and social punishment by people who oppose the military regime.
References
{{DEFAULTSORT:Aung Pyae Sone
Burmese businesspeople
Living people
1984 births