Maung Weik

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In this Burmese name, Maung is an honorific, not a surname.
Maung Weik
Born1973 (1973) (age 48)
NationalityBurmese
OccupationBusinessman
Known forFounder of Maung Weik & Family Company

Maung Weik (Burmese: မောင်ဝိတ်; born 11 January 1973,[1] also spelt Maung Wate) is a Burmese businessman. He is currently chairman of the Mandalay Business Capital City Development (MBCCD) and Sae Paing Company.[2][3]

Career[]

Maung Weik founded the Maung Weik and Family Company, which had a presence in the development, real estate, trading, and construction sectors.[1][4]

Maung Weik was a close associate of Khin Nyunt, a former prime minister and military general. He reportedly catered to wealthy young people, notably the sons of the generals. According to the semi-official Myanmar Times, he has engaged in drug trafficking from Malaysia to Burma since 2003.[5]

On 10 July 2008, he was charged with drug abuse and trafficking by the Lanmadaw Township police station, accused of importing ecstasy, methamphetamines, and ketamine, and trafficking them to the children of Burmese military generals and actors.[1][5] In November 2008, he was sentenced by the Lanmadaw Township Court, to 15 years imprisonment on drug trafficking charges.[1] He reportedly used drugs with Aung Ye Zaw Myint, the son of Ye Myint, a former chief of the Bureau of Special Operations.[6][7] Maung Weik was released from Pathein Prison on 3 January 2014.[8]

In 2016, Maung Weik courted controversy over bribery allegations that Yangon mayor Phyo Min Thein accepted a US$100,000 (equivalent to $108,000 in 2020) Patek Philippe watch as a gift from Maung Weik.[9]

In 2017, Mandalay City Development Committee approved a public-private partnership with MBCCD for a 10-year mega-development project in Amarapura, projected to include hotels, hospitals, schools, jetties, shopping centres, gardens and apartment buildings on a plot of 2,000 acres (810 ha) allocated by the Mandalay city government.[10][11]

Personal life[]

He was previously married to Yin Min Thee,[6] the niece of Myint Swe, the Chief Minister of Yangon Region.[4]

References[]

  1. ^ a b c d Min Lwin (10 July 2008). "Maung Weik Charged with Trafficking Drugs". The Irrawaddy. Retrieved 11 July 2015.
  2. ^ "Local business group forms teams for Rakhine projects". The Myanmar Times. 2017-10-23. Retrieved 2020-06-01.
  3. ^ "Myanmar Executives Pledge Millions to Rebuild Tattered Rakhine State". Radio Free Asia. Retrieved 2020-06-01.
  4. ^ a b Aung Zaw (September 2005). "Tycoon Turf". The Irrawaddy. Retrieved 11 July 2015.
  5. ^ a b "Maung Weik still under detention". Mizzima. 19 June 2008. Retrieved 11 July 2015.
  6. ^ a b Min Lwin (26 November 2008). "Drug-Dealing Junta Crony Gets 15 Years". The Irrawaddy. Retrieved 11 July 2015.
  7. ^ "Drug investigation, heavy punishment likely for Maung Weik". Mizzima. 3 July 2008. Retrieved 29 October 2012.
  8. ^ Soe Moe. "မြန်မာနိုင်ငံတွင် ကြီးနိုင်ငယ်ညှဉ်း နှိပ်စက်ခြင်း ကင်းဝေးပါစေ ဟု မောင်ဝိတ် ဆုတောင်း". Yangon Media Group (in Burmese).
  9. ^ "Yangon govt sues Eleven over story implying chief minister took bribe". The Myanmar Times. 2016-11-10. Retrieved 2020-06-01.
  10. ^ "Urban development project commences upon approval". National Energy Group of Companies. 2017-12-12. Retrieved 2020-06-01.
  11. ^ "Amarapura urban plan developer gets 20 acres of land for office". The Myanmar Times. 2017-06-07. Retrieved 2020-06-01.
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