Money laundering risk in Myanmar crony airline MAI’s transaction with Australian mining company

Source: Justice Myanmar

Published on Aug. 4, 2022, 4:12 p.m.

Australian Stock Exchange listed mining company Mallee Resources Limited (ASX:MYL), formerly Myanmar Metals, has announced the sale of its Myanmar subsidiary, Bright Mountain Resources (Myanmar) Limited to the Myanmar crony airline Myanmar Airways International Company Limited (MAI).  

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