Myanmar Pearl Enterprise (MPE)

• UK Sanctions ListActive listingID MYA0026

  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>21/06/2021</DateDesignated>
      <UniqueID>MYA0026</UniqueID>
      <OFSIGroupID>14110</OFSIGroupID>
      <Names>
        <Name>
          <Name6>Myanmar Pearl Enterprise (MPE)</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 Pearl 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 MPE, 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 MPE 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 MPE is also associated with the military through its leadership. The Managing Director was also appointed as a Deputy Minister in MONREC by the SAC on 11 March. MPE also runs and controls pearl emporiums, and is involved in gems emporiums, which are attended by and benefit the military and their companies.</UKStatementofReasons>
      <Addresses>
        <Address>
          <AddressLine1>90 Kanbe Street</AddressLine1>
          <AddressLine5>Yankin Township</AddressLine5>
          <AddressLine6>Yangon</AddressLine6>
          <AddressCountry>Myanmar</AddressCountry>
        </Address>
        <Address>
          <AddressLine1>Myanmar Pearl Enterprise</AddressLine1>
          <AddressLine2>Ministry of Mines</AddressLine2>
          <AddressLine3>Myanmar Gems Museum</AddressLine3>
          <AddressLine4>Yazathingha Street</AddressLine4>
          <AddressLine5>Zabuthri Township</AddressLine5>
          <AddressLine6>Naypyitaw</AddressLine6>
          <AddressCountry>Myanmar</AddressCountry>
        </Address>
      </Addresses>
      <PhoneNumbers>
        <PhoneNumber>(+95)09429204434</PhoneNumber>
      </PhoneNumbers>
      <EmailAddresses>
        <EmailAddress>panpapalin@gmail.com</EmailAddress>
      </EmailAddr

  Name on list

  Myanmar Pearl Enterprise (MPE)

  Programmes / regimes

  Myanmar (Sanctions) Regulations 2021

  Listed on

  2021-06-21

  Last updated

  2025-04-09

  Countries

  Burma (Myanmar)

  Addresses

  90 Kanbe Street, Yankin Township, Yangon, Myanmar

  Myanmar Pearl Enterprise, Ministry of Mines, Myanmar Gems Museum, Yazathingha Street, Zabuthri Township, Naypyitaw, Myanmar

  Identifiers

  OFSI group ID: 14110

  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 Pearl 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 MPE, 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 MPE 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 MPE is also associated with the military through its leadership. The Managing Director was also appointed as a Deputy Mini

No linked parties recorded on the lists.

No list changes detected since monitoring began.