On the night of October 10th, the National Planning and Administration Council announced that Lieutenant General Moe Myint Tun and Brigadier General Yan Naung Soe were sentenced to life imprisonment by a military court. According to the statement, Lieutenant General (former) Moe Myint Tun, member of the State Planning and Administration Council, Chairman of the Myanmar Investment Commission, Chairman of the Foreign Exchange Supervisory Committee; While serving as the chairman of the central committee for correct and speedy trade and commodity flows, the country’s foreign exchange policy, It is stated that he violated the national oath by deviating from the previous procedures and goals established by the state, in addition to taking personal advantage against important commodity policy and other economic policies.
In addition, although the Central Bank of Myanmar paid a certain percentage of dollars to import palm oil at a reference price, the government knowingly failed to take action to sell it at a price higher than the reference price set for sale. He used the authority to obtain gifts from the companies; and illegal possession of foreign currencies; It is known that he was charged with the relevant sections of the law for violating military discipline instructions and participating in civilian businesses, and was tried by a military court and sentenced to life imprisonment equivalent to twenty years.
Brigadier General (former) Yan Naung Soe was accused of taking personal advantage of the state’s economic policies while serving as the joint secretary of the Central Committee for Trade and Goods Flow; foreign exchange policy; Collaborating with Lieutenant General (former) Moe Myint Tun by deviating from the state’s processes and objectives, contrary to important goods policy and other economic policies, and violating the national oath. Exchanged Burmese kyats for foreign currency to businessmen using their work permits. Received foreign currency and Myanmar Kyat from businessmen; Liaison with businessmen with Lt. Gen. (former) Moe Myint Tun; illegal possession of foreign currency; The military council announced that he was charged with the relevant sections of the law for violating military discipline instructions and participating in civilian businesses, tried by a military court, and sentenced to life imprisonment equivalent to twenty years.
The generals, their sons, and daughters are monopolizing all the profitable businesses. In the companies producing natural resources, generals and the children of the generals are involved, and there is a large group of people taking military positions on one side and doing business on the other. If action is to be taken, all action must be taken. The leader of the military group himself is not spared. Under U Ne Win, in the election of the Myanmar Socialist Programm Party, U Tun Lin and U Tin Win Nyo were elected as party chairman and secretary. U Ne Win angrily asked the party to re-elect him as chairman. There is an instance where U Tun Lin and U Tin Win Nyo were jailed for bribery because they tried to take power by overthrowing him by vote. There is a tradition that you will be removed if you try to usurp your seat of power. In this case, it is not just bribery, but also to usurp the seat of the leader of the ruling group, a veteran politician told Era’s Eye.
