Burmese democracy leader Aung San Suu Kyi to be conferred with Honorary Degree by Carleton University

Burmese democracy leader to be conferred with Honorary Degree by Carleton University
By Canadian Friends of Burma – February 16, 2011

Ottawa – Burmese democracy leader Daw Aung San Suu Kyi will be awarded with an honorary degree – Doctor of Law – by the Carleton University on February 22 in Ottawa – the third honorary degree she would receive from Canada’s prestigious institutions.

Daw Aung San Suu Kyi received her first honorary degree from the University of Toronto in 1993 and the second one from the Queen’s University in 1995. She also received other awards and honours from Canada including Gandhi Award from Simon Fraser University in 1995, CAW Nelson Mandela Human Rights Award in 2000, and Honorary Canadian Citizenship in 2008.

Former Canadian Foreign Minister Flora McDonald will give a keynote speech at the awarding ceremony next week. However, Daw Aung San Suu will not be able to be present at the ceremony and would receive the honorary degree in absenstia.

The Canadian Friends of Burma (CFOB) is federally incorporated, national non-governmental organization working for democracy and human rights in Burma. Contact: Suite 206, 145 Spruce St., Ottawa, K1R 6P1; Tel: 613.237.8056; Email: cfob@cfob.org; Web: www.cfob.org

Ex-Burmese businessman,drug warlord Michael Kyaw Myint Hua Hufaces insider trading allegations

Alleged Burmese drug warlord Michael Kyaw Myint Hua Hu also faces allegations of insider trading.

Photograph by: Arlen Redekop, PNG

A former Burmese businessman appeared before a B.C. Securities Commission tribunal on Monday to face allegations of illegal insider trading.

BCSC enforcement staff alleges that Michael Kyaw Myint Hua Hu, who now lives in Surrey, bought nearly $900,000 worth of shares of Maple Leaf Reforestation Inc. in 2007 on the basis of information that had not been generally disclosed to the public.

Maple Leaf is a Calgary-based company whose shares trade on the TSX Venture Exchange. At the time of the alleged offences, Hu served as the company’s chairman.

BCSC enforcement lawyer Derek Chapman, who is acting as co-counsel with Joyce Johner, told the hearing panel that evidence would show that:

• Hu met a woman named Lin Ping Tian through a Vancouver dating agency in 2006. Tian set up a CIBC online trading account, then gave Hu her password so that he could buy Maple Leaf shares for her.

• Hu told her the share price would increase and she would make money. For his efforts, Hu would take 10 per cent of the profits.

• Hu, meanwhile, was helping Maple Leaf develop a memorandum of understanding to establish a biodiesel plant in China.

• On Sept. 22, 2007, Hu sent an email to Maple Leaf president Raymond Lai: “Ask Chen Zhen give you the MOU to review it. Translate it, then make news. I will take the stock to $2 to get cash and pp [private placement] financing.” Continue reading “Ex-Burmese businessman,drug warlord Michael Kyaw Myint Hua Hufaces insider trading allegations”

Canadian Company Kenn Borek Air Ltd Charged with Illegal Exports to Burma

The Canada Border Services Agency(CBSA) has charged Kenn Borek Air Ltd and its former general manager, Stephen Penikett, with unlawfully exporting goods to Burma.

A CBSA investigation found that the company exported one de Havilland DHC-6 Twin Otter aircraft and 149 aircraft parts to Burma without valid export permits during Novenber 2007, according to a report by the Canadian Broadcasting Corporation.

The company and Penikett are charged with two counts each under the Customs Act and the Export Import Permits Act.

The maximum fine under the Customs Act is $500,000 or up to five years imprisonment or both; the maximum sentenc under the export and import permits act is 10 years imprisonment.

Goods can only be exported to Burma from Canada with an export permit issued by the Foreign Affairs office and International Trade Canada.

A court hearing for Kenn Borek Air Ltd and Penikett will be held Dec. 14.