Ye Min Oo (Burmese: ရဲမင်းဦး) is a Burmese business executive and politician who is currently serving as Minister for Planning and Finance of Yangon Region Government.[1][2] He served as the vice mayor of Myanmar's capital Naypyidaw and the vice-chairman of the Naypyidaw Development Committee from 25 June 2019 to 3 February 2021.[3][4][5][6][7] He is widely known for his business executive and non-profit executive roles in the financial and business industries. He was elected as a Yangon divisional parliament member in November 8, 2020 election.

Ye Min Oo
ရဲမင်းဦး
Minister for Planning and Finance of Yangon Region Government
Assumed office
3 June 2020
Preceded byMyint Thaung
Vice Mayor of Naypyidaw
In office
25 June 2019 – 3 February 2021
Vice Chairman of Naypyidaw Development Committee
In office
25 June 2019 – 3 February 2021
Personal details
Born1975
Yangon, Myanmar
Political partyNational League for Democracy
Alma materYangon University
OccupationBusiness executive, Politician

Early life and education edit

Ye Min Oo was born in Rangoon, Burma (now Yangon, Myanmar) in 1975. He completed his undergraduate degree at Yangon University in 2001.

Business executive career edit

He worked as a Managing Director of Asia Green Development Bank from 2010 to 2014. He also served as a secretary of Myanmar Credit Bureau and co-secretary of Myanmar Payment Union. In 2014, he established a firm, Grand National Capital (GNC), as a subcontractor to a construction firm, Min Kyan Sit, owned by Nandar Hla Myint, a senior official of the Union Solidarity and Development Party.[8] GNC was unable to complete a major construction project, the Aye Tharyar housing project, in Shan State, and owes a significant debt to the Shan State Government.[8][9]

Political career edit

In 2013, Ye Min Oo became a member of National League for Democracy (NLD)'s Information Committee Member.[4][10] Ye Min Oo has been a member of the National League for Democracy (NLD)’s economic committee since 2016.[4][11]

He began serving as the Chairman of Naypyidaw Sibin Bank in January 2019 and is also an observer of the economic, financial and banking sectors.[4]

In the wake of the 2021 Myanmar coup d'état on 1 February, he was detained by the Myanmar Armed Forces.[12]

Controversies edit

Ye Min Oo has courted controversy for his active business interests and potential conflicts of interest as a publicly elected official. He was previously the chair of Rakhine Coastline Development Public Company (RCDPC), which is involved in beach resort development in southern Rakhine State.[8] The company was reincorporated under Aye Nandar Sein, his wife, in October 2019.[8] In addition to RCDPC and GNC, he and his wife are connected to several private companies, including Goen Mandalay Development, Ayeyarwaddy Farmers Development Bank, Elite Telecom, Inle Future Development, Htoo Group of Companies, Atlas Veritas Aequitas (AVA), Pinus Pinaster, and Trust Venture Partners.[8][9] In December 2020, the NLD announced that Ye Min Oo may face an official investigation if he is unable to resolve the accusations of conflicts of interest on is own.[13]

Personal life edit

Ye Min Oo is married to Aye Nandar Sein.[9]

References edit

  1. ^ Moe Min (4 June 2020). "ရန်ကုန်တိုင်း စီမံ/ဘဏ္ဍာဝန်ကြီးအဖြစ် ဦးရဲမင်းဦးအား ခန့်အပ်ရန် လွှတ်တော်အတည်ပြု (in Burmese)". 7Day News. Retrieved 4 June 2020.
  2. ^ "ဦးရဲမင်းဦးကို ရန်ကုန်တိုင်း စီမံကိန်းနှင့်ဘဏ္ဍာရေးဝန်ကြီးအဖြစ် အတည်ပြုခန့်အပ်". DVB. 2020-06-03. Retrieved 2020-06-05.
  3. ^ "ပြည်ထောင်စုသမ္မတမြန်မာနိုင်ငံတော် နိုင်ငံတော်စီမံအုပ်ချုပ်ရေးကောင်စီ အမိန့်အမှတ် ( ၁၃ / ၂၀၂၁) ၁၃၈၂ ခုနှစ်၊ ပြာသိုလပြည့်ကျော် ၇ ရက် ၂၀၂၁ ခုနှစ်၊ ဖေဖော်ဝါရီလ ၃ ရက် တာဝန်မှရပ်စဲခြင်". 2021-02-03.
  4. ^ a b c d "ဦးရဲမင်းဦးကို နေပြည်တော် စည်ပင် ဒုမြို့တော်ဝန်ခန့်အပ်". Irrawaddy. 26 June 2019.
  5. ^ "Vice President U Henry Van Thio highlights digital economy roadmap". Republic of the Union of Myanmar President Office. 12 June 2019.
  6. ^ "Nay Pyi Taw Council gives land compensation to farmers". Republic of the Union of Myanmar Ministry of Information. 7 March 2020.
  7. ^ "နေပြည်တော်တွင် သင်္ကြန်မဏ္ဍပ်များ လုံးဝခွင့်မပြုဟု ဒုမြို့တော်ဝန် ပြော". Democratic Voice of Burma. 6 April 2020.
  8. ^ a b c d e "Rakhine development scheme with deep links to NLD raises transparency concerns". Myanmar NOW. Retrieved 2020-12-28.
  9. ^ a b c "The NLD's rising star is business partners with a senior official from the military's proxy party". Myanmar NOW. Retrieved 2020-12-28.
  10. ^ "Central Information Committee Member". NLD Official.
  11. ^ "Central Economic Committee Member". NLD Official. 2 July 2016.
  12. ^ "Recent Arrest List" (PDF). Assistance Association for Political Prisoners. 4 February 2021.
  13. ^ "Top bet for next Yangon chief minister may face probe". The Myanmar Times. 2020-12-24. Retrieved 2020-12-28.