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Military Junta Reportedly Seizes George Soros Foundation's Bank Accounts

 
Anon Braveheart
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04/10/2021 03:39 PM
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Military Junta Reportedly Seizes George Soros Foundation's Bank Accounts
In the immediate aftermath of the coup, during mass civil disobedience in the country, the Global New Light of Myanmar — a military propaganda newspaper — alleged that Open Society Myanmar withdrew $1.4 million from its account at the Small and Medium Enterprise Development Bank, or SMED, according to Reuters.

That money then was exchanged into the local currency, the kyat; the military newspaper said this was done “without following the necessary rules and regulations.”

The newspaper also published a picture of Suu Kyi with Soros from 2016 in New York and claimed she had met several times with the Hungarian-born American left-wing philanthropist, the Financial Times reported.

According to The Irrawaddy, government officials took control of $3.81 million and 375 million kyats in Open Society Myanmar accounts at four private banks, including SMED.
[link to www.westernjournal.com (secure)]
Anon Braveheart
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04/10/2021 03:57 PM
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Re: Military Junta Reportedly Seizes George Soros Foundation's Bank Accounts
3 million? That's like hooker and beer money for a week of Soroz local generals...lol
Anonymous Coward
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04/10/2021 03:59 PM
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Re: Military Junta Reportedly Seizes George Soros Foundation's Bank Accounts
pffft i was already wondering who's the military junta in USA

the sun will blow out sooner than seeing Americans seizing American citizen Soros' bank accounts
Anon Braveheart  (OP)

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04/11/2021 01:23 AM
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Re: Military Junta Reportedly Seizes George Soros Foundation's Bank Accounts
March 17, 2021

Open Society Foundations Call for Immediate Release of OSM Staff Member in Myanmar

LONDON—The Open Society Foundations are deeply concerned by reports that Phyu Pa Pa Thaw, finance manager of OSM (Open Society Myanmar), has been detained in Myanmar. We call for her immediate release. We are alarmed by reports that authorities are seeking to interrogate and arrest other staff members.

The Open Society Foundations have supported the promotion of democracy in Myanmar for decades. This work began in the 1990s when the Foundations funded scholarships and training for students.

Since 2017, OSM has worked with civil society and relevant authorities for the benefit of Myanmar and its people, including to expand inclusive education and access to health care. More information about OSM’s work in Myanmar is freely available on this public fact sheet.

Claims of financial misconduct made by the military, including that OSM acted illegally by withdrawing their own funds in local currency from a local bank, are false. Claims that OSM used these funds for illegal purposes are also false. These funds were used for purposes fully within the objectives of OSM. When the military seized power, and media and communications channels, and the banking systems were restricted, OSM moved quickly to secure the funds it would need for operations. The authorities have no legal right to freeze or seize monies in any OSM bank account. OSM is closed and will remain closed.

These allegations suggest a worrying attempt to attack and discredit those who wish for a return to peace and democracy in Myanmar.

We call on the military to immediately release Phyu Pa Pa Thaw and drop these baseless claims against other staff.
[link to www.opensocietyfoundations.org (secure)]
Anon Braveheart





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