Africa Business Radio

The United Kingdom has announced new Myanmar sanctions, saying it was targeting a key business associate of the military government for providing arms and financial support following a coup earlier this year.The UK’s foreign ministry says it would impose an asset freeze on conglomerate Htoo Group of Companies and its founder Tay Za, adding that the tycoon was involved in arms deals on behalf of the military.It also said Htoo contributed funds to Rohingya clearance operations in 2017.The UK has previously imposed sanctions on individuals and entities in Myanmar following the February coup.