Despite the presence of Russian arms dealers in
Tay Za’s close connection to the regime is undoubtedly one of the keys to his success. Ties to the top are vitally important when doing business in
Yet courting the children of powerful generals in order to take them on board his company appears to be one of Tay Za’s business strategies. An important coup was to seal a friendship with Aung Thet Mann, son of the junta’s number three, Gen Thura Shwe Mann, who is tipped to take over the leadership when Than Shwe goes.
Aung Thet Mann’s company, Ayer Shwe Wah, is now part of Htoo, and the general’s son is reaping big cash rewards from the arrangement. When the regime relaxed its ban on rice exports, Aung Thet Mann’s company was awarded the first rice export licence, providing for the delivery of 11,000 tons to
Business rivals accuse Aung Thet Mann of winning contracts for construction works in the project to move the War Office to Pyinmana because of his access to government supplies of cheap cement, enabling him to submit the lowest tenders.
It’s not all plain sailing for the two pals, however—diplomatic sources say that their plans to visit tourist resorts in
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