U.S. Imposes Sanctions On Burmese Individuals
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The Treasury Department yesterday announced it was imposing financial sanctions against family members of the military-run government of Burma and individuals it identified as key members of the financial empire of Tay Za, an influential businessman in the country.
“The president has made clear that we will continue to take action against the military junta and those who prop it up so long as human rights violations continue and democracy is suppressed,” the director of Treasury’s Office of Foreign Assets Control, Adam Szubin, said.
He said the new order will tighten financial sanctions against associates of Tay Za.