Shwe Byain Phyu Group of Companies

Rule Changes

Under US sanctions since January 2024

The US Treasury removed Theint Win Htet from its sanctions list on October 9, after she sued for delisting. Her father, fuel tycoon Thein Win Zaw, and his Shwe Byain Phyu Group were sanctioned in January 2024 for supplying Myanmar's military. Campaign group Justice For Myanmar called her the fifth regime-linked figure delisted since 2025 and said the removals let people who fund the junta back into the financial system.

Updated Oct 30