Myanmar s Civilian Government Takes Control of Seized Funds irrawaddy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irrawaddy.com Daily Mail and Mail on Sunday newspapers.
It is unclear why officials questioned Daw Nang Lang Kham, Kanbawza Bank deputy CEO and daughter of junta-linked tycoon U Aung Ko Win; the junta later apologized.
Myanmar Regime Seizes Bank Accounts of Soros Open Society Foundation
Myanmar Regime Seizes Bank Accounts of Soros Open Society Foundation
Myanmar State Counselor Daw Aung San Suu Kyi holds talks with George Soros, founder and chairman of the Open Society Foundation, in New York in September 2016. / Ministry of Information
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By The Irrawaddy 16 March 2021
The military regime has seized control of the bank accounts of billionaire George Soros’ Open Society Foundation (OSF) in Myanmar and announced that it will take legal action against the foundation, which is accused of violating restrictions on the activities of such organizations.
On Monday, military-controlled MRTV announced that the military had issued arrest warrants for 11 staff members of OSF Myanmar, including its head and deputy head, on suspicion of giving financial support to the civil disobedience movement against the military junta.