Myanmar Gems Enterprise (MGE)

• UK Sanctions ListActive listingID MYA0024

  Source

  Verified: copied from a structured field of an authoritative source

  Source

  UK Sanctions List

  Retrieved

  2026-09-29

  Source date

  2025-04-09

  Extractor

  uk-xml-parser

  Raw evidence

  <Designation>
      <LastUpdated>09/04/2025</LastUpdated>
      <DateDesignated>17/05/2021</DateDesignated>
      <UniqueID>MYA0024</UniqueID>
      <OFSIGroupID>14108</OFSIGroupID>
      <Names>
        <Name>
          <Name6>Myanmar Gems Enterprise (MGE)</Name6>
          <NameType>Primary name</NameType>
        </Name>
      </Names>
      <RegimeName>The Myanmar (Sanctions) Regulations 2021</RegimeName>
      <IndividualEntityShip>Entity</IndividualEntityShip>
      <DesignationSource>UK</DesignationSource>
      <SanctionsImposed>Asset freeze|Director Disqualification Sanction</SanctionsImposed>
      <SanctionsImposedIndicators>
        <AssetFreeze>true</AssetFreeze>
        <ArmsEmbargo>false</ArmsEmbargo>
        <TargetedArmsEmbargo>false</TargetedArmsEmbargo>
        <CharteringOfShips>false</CharteringOfShips>
        <ClosureOfRepresentativeOffices>false</ClosureOfRepresentativeOffices>
        <CrewServicingOfShipsAndAircraft>false</CrewServicingOfShipsAndAircraft>
        <Deflag>false</Deflag>
        <PreventionOfBusinessArrangements>false</PreventionOfBusinessArrangements>
        <ProhibitionOfPortEntry>false</ProhibitionOfPortEntry>
        <TravelBan>false</TravelBan>
        <PreventionOfCharteringOfShips>false</PreventionOfCharteringOfShips>
        <PreventionOfCharteringOfShipsAndAircraft>false</PreventionOfCharteringOfShipsAndAircraft>
        <TechnicalAssistanceRelatedToAircraft>false</TechnicalAssistanceRelatedToAircraft>
        <TrustServicesSanctions>false</TrustServicesSanctions>
        <DirectorDisqualificationSanction>true</DirectorDisqualificationSanction>
      </SanctionsImposedIndicators>
      <OtherInformation>The Director Disqualification Sanction was imposed on 09/04/2025.</OtherInformation>
      <UKStatementofReasons>
  The Myanmar military seized power from civilian leaders on 1 February in a coup d’état and established a military junta. Since then all state institutions have come under the control of the State Administration Council (SAC), who oversee the governance and expenditure of ministries. The SAC/military junta undermines democracy and, together with the Myanmar Security Forces, is responsible for the repression of the civilian population. Myanmar Gems Enterprise is a state-owned enterprise which operates under the Ministry of Natural Resources and Environmental Conservation (MONREC) and provides funding directly to the Ministry of Planning and Finance (MOPF). There are reasonable grounds to suspect that MGE, is under the control of, and/or is associated with, the SAC via its subservient relationship with MONREC; Further or alternatively, there are reasonable grounds to suspect that MGE makes available funds or economic resources, to the SAC/military junta that could contribute to undermining democracy and repressing the civilian population. Further or alternatively MGE is also associated with the military through its joint venture partnerships and close links to military companies, for which it grants favourable mining rights and permits. MGE also runs and controls gems emporiums, which are attended by and benefit the military and their companies.</UKStatementofReasons>
      <Addresses>
        <Address>
          <AddressLine1>Myanmar Gems Enterprise</AddressLine1>
          <AddressLine2>No.70-072</AddressLine2>
          <AddressLine3>Yarza Thingaha Road</AddressLine3>
          <AddressLine4>Thapyaygone Ward</AddressLine4>
          <AddressLine5>Zabuthiri Township</AddressLine5>
          <AddressLine6>Naypyitaw</AddressLine6>
          <AddressCountry>Myanmar</AddressCountry>
        </Address>
      </Addresses>
      <PhoneNumbers>
        <PhoneNumber>(+)9509262597027</PhoneNumber>
      </PhoneNumbers>
      <EmailAddresses>
        <EmailAddress>Famouswin599@gmail.com</EmailAddress>
      </EmailAddresses>
      <EntityDetails>
        <Entity>
          <TypeOfEntities>
            <TypeOfEntity>Public/State Owned</TypeOfEntity>
          </TypeOfEntities>
          <ParentCompanies>
            <ParentCompany>State Owned Enterprise (SOE)</ParentCompany>
          </Paren

  Name on list

  Myanmar Gems Enterprise (MGE)

  Programmes / regimes

  Myanmar (Sanctions) Regulations 2021

  Listed on

  2021-05-17

  Last updated

  2025-04-09

  Countries

  Burma (Myanmar)

  Addresses

  Myanmar Gems Enterprise, No.70-072, Yarza Thingaha Road, Thapyaygone Ward, Zabuthiri Township, Naypyitaw, Myanmar

  Identifiers

  OFSI group ID: 14108

  Linked to (per list)

  State Owned Enterprise (SOE)

  Remarks

  The Myanmar military seized power from civilian leaders on 1 February in a coup d’état and established a military junta. Since then all state institutions have come under the control of the State Administration Council (SAC), who oversee the governance and expenditure of ministries. The SAC/military junta undermines democracy and, together with the Myanmar Security Forces, is responsible for the repression of the civilian population. Myanmar Gems Enterprise is a state-owned enterprise which operates under the Ministry of Natural Resources and Environmental Conservation (MONREC) and provides funding directly to the Ministry of Planning and Finance (MOPF). There are reasonable grounds to suspect that MGE, is under the control of, and/or is associated with, the SAC via its subservient relationship with MONREC; Further or alternatively, there are reasonable grounds to suspect that MGE makes available funds or economic resources, to the SAC/military junta that could contribute to undermining democracy and repressing the civilian population. Further or alternatively MGE is also associated with the military through its joint venture partnerships and close links to military companies, for

No linked parties recorded on the lists.

No list changes detected since monitoring began.