Myanmar energy tycoon lobbies for smart sanctions
- Published: 5 Aug 2012 at 14.48
- Online news: Asia
An energy magnate lauded as a rare "legitimate" tycoon in crony-dominated Myanmar has quietly lobbied for an end to Western sanctions -- except those targeting cronies who flourished under military rule.
Michael Moe Myint, pictured here at his residence in Yangon, is part of Myanmar's "One Percent" -- a jet-setting moneyed class comprising fewer than two dozen families who have long monopolised the business landscape of the poor but resource-rich nation.
Michael Moe Myint is part of Myanmar's "One Percent" -- a jet-setting moneyed class comprising fewer than two dozen families who have long monopolised the business landscape of the poor but resource-rich nation.
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