An Australian business executive who previously led the American Chamber of Commerce in Myanmar, known as AmCham, has been released from custody after more than 100 days in jail. He was detained over allegations of financial misappropriation, according to a legal official who spoke on condition of anonymity. The executive, Ye Khaung Kyaw, also known as Danny, was freed following a court ruling in Yangon, Myanmar’s largest city. Acting Police Brig. Gen. Soe Lin Aung, a spokesperson for Myanmar’s Home Affairs Ministry, confirmed that court proceedings in the case concluded on Tuesday but did not provide further details. It is still unclear whether Ye Khaung Kyaw was convicted, had the charges dismissed, or was ordered to be deported. Ye Khaung Kyaw was detained in June, around the same time as former AmCham president Adam Castillo, a U.S. businessperson who was released last week and deported without explanation. The current AmCham board accused Ye Khaung Kyaw, Castillo, and former board member Munimul Islam of breaching trust and misappropriating association assets. The allegations were linked to a $300,000 contract with a Washington-based lobbying firm, Mercury Public Affairs. Islam, who lives outside Myanmar, has not been detained. The military-backed government in Myanmar has not issued any official statement on the case, and officials involved in the trial did not respond to requests for comment. Authorities in the country, which is currently experiencing a civil war, rarely speak to the international media. Supporters of the three men have claimed the allegations are baseless and contradicted by documentary evidence. The police complaint did not specify Ye Khaung Kyaw’s exact role in the alleged misconduct during his time as executive director. AmCham’s main concerns were related to Castillo’s creation of the U.S.-Burma Economic Forum as a lobbying organization during his presidency from 2023 to 2025 and the subsequent contract with Mercury in 2024. In its annual report from May, AmCham accused Castillo of illegally collecting funds using the association’s name, stating that the board had not approved the agreement, received any money or services, or disclosed the matter to auditors. However, documents obtained by The Associated Press appear to contradict AmCham’s claims. A signed board resolution showed that the board had approved the lobbying initiative, authorized hiring Mercury, and agreed that Islam’s company, Misfit Technologies, would provide sponsorship. The current AmCham Executive Director, Myat Phyu The, called the resolution a fabrication, although other records on the chamber’s website indicated that the board was aware of the arrangement. A Misfit employee, who spoke anonymously for fear of professional retribution, said that payments were made through Misfit’s U.S. office due to American sanctions that made payments from Myanmar nearly impossible. Mercury disclosed the payments to U.S. authorities under the Lobbying Disclosure Act. Australia’s Foreign Ministry confirmed it had provided consular assistance to an Australian in Myanmar but declined to comment further, citing privacy obligations.