Wednesday, February 23, 2011

Burmese tycoon Tay Za stranded on mountain

Wednesday, 23 February 2011 15:00

Chiang Mai (Mizzima) – A major rescue effort has been mounted to aid Burmese businessman Tay Za, a close associate of key junta generals, who is stranded along with as many as eight other people on top of a snow-capped mountain.

Burmese tycoon Tay Za, who is a
business associate of Senior General
Than Shwe and the owner of the
private airline Air Bagan, talks
with employees of Air Bagan.
(Photo: Mizzima)
A rescue team from the Puta-O military strategic command left on Tuesday morning for the mountain, Phone Kan Razi, after the business tycoon’s helicopter dug into the snow while trying to land on Tuesday and became trapped.

No injuries have been reported.

A manager with the  Htoo Trading Company, a conglomerate owned by Tay Za, said that eight people were onboard the craft when it got stuck on the ground. Another source said the helicopter carried six people.

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