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The leader of the Canada-based United Democratic Party of Myanmar (UDP), Kyaw Myint, also known as Michael Hua Hu, is threatening legal action against The Irrawaddy and its editor, Aung Zaw, according to an interview carried by the Burmese service of the Voice of America (VOA) on Wednesday.

February 25, 2009

VOA: UDP Leader Threatens to Sue The Irrawaddy

Kyaw Myint, who also goes by the name of Michael Hua Kyaw Myint Hu, told VOA that the basis of his legal action was an article published in The Irrawaddy on December 26, 2008. The article quoted a report in the now defunct magazine Asiaweek accusing a company run by Kyaw Myint of laundering money for the United Wa State Army (UWSA), which is heavily involved in the drug trade.
The company, Kyone Yeom, was chaired by Kyaw Myint in the 1990s.
Kyaw Myint told VOA he was never involved in laundering drug money. “I am preparing documents for a lawsuit,” he said. The action would be lodged in a court in Thailand.

The Irrawaddy article also quoted a report that appeared in Jane’s Intelligence Review in November 1998 saying Kyone Yeom had been blacklisted by the Burmese regime because Kyaw Myint, who claimed to be a deputy minister of finance for the UWSA, openly and brazenly flouted Burmese business laws and regulations.

Kyaw Myint, also known as Michael Hua Hu
Jane’s Intelligence Review had reported in March 1998 that on December 11, 1997, an article in the state-run vernacular press announced the black-listing of Kyone Yeom by the Ministry of National Planning and Economic Development for “submitting false accounts.”

The Jane’s report added: “However, following meetings between Wa leaders and junta chief Lieutenant General Khin Nyunt, the minister responsible, technocrat Brigadier General David Abel was abruptly shunted to an inactive post.” continue http://www.irrawaddy.org/article.php?art_id=15188

https://democracyforburma.wordpress.com/2009/04/18/the-executive-director-of-the-british-columbia-securities-commission-has-issued-a-notice-of-hearing-alleging-that-michael-kyaw-myint-hua-hu-contravened-the-insider-trading-provisions-of-the-securities/

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