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AAP
AAP
Business
DAVID RISING (Associated Press)

Former American businessman detained in Myanmar after alleged financial misconduct

BANGKOK (AP) — The former president of the American Chamber of Commerce in Myanmar has been detained upon his return to Yangon after the organization said it was looking into suspicious financial transactions by ex-board members.

Adam Castillo, a founder and owner of the security risk management firm AGS Myanmar, was detained Thursday at Yangon International Airport, according to an associate who spoke on condition of anonymity, citing safety concerns.

Castillo's company told The Associated Press it was an "ongoing matter" and refused to comment further. Castillo did not respond to an email sent through his personal website.

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