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Myanmar soldiers threaten jail time Shadow government bond buyers point for funding “Terrorist group”

MYANMAR Soldier Threatens Jail – On Nov. 26, Reuters reported that the Myanmar junta had threatened to arrest civilians who invested in bonds owned by the shadow Myanmar government. It warned that there would be several years in prison for its involvement in funding. “terrorist”

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REUTERS

Myanmar military government spokesman Zaw Min Tun said the NUG was declared illegal as a Therefore, the financing provider will face serious charges.

“Heavily penalized terrorism charges can be carried out for financing terrorist groups. If you buy a bond shall be guilty under such provisions.”

The reaction to the Myanmar junta came after the National Unity Government (NUG), a coalition of pro-democracy groups. minority army And a civilian government MP who was taken over by the military said it raised $9.5 million ($319 million) in the first 24 hours of the bond sale.

NUG stated that Interest-free bond income will be used in the revolution to overthrow the army In response to the Feb 1 coup and the suppression of bloody protests But it has not specified how the money raised will be used.

Related news: Myanmar shadow government sells 208 million baht “bonds” to raise funds for the revolution to overthrow military dictatorship

On Monday, November 22, NUG began selling bonds to Myanmar residents abroad. Divided into price categories: $100 (about 3,300 baht), $500 (about 16,000 baht), $ 1,000 (about 33,000 baht), and $ 5,000 (about 165,000 baht) with a 2-year lifespan.

However, the number of bond buyers was not disclosed. which pays via international transactions to Czech accounts in Europe