"A Myanmar regime military court has handed life imprisonment terms to the junta’s former trade chief, ex-Lieutenant General Moe Myint Tun, and his assistant, ex-Brigadier General Yan Naung Soe, for corruption, according to junta media. The life imprisonment terms are equivalent to 20 years behind bars. The two were also removed from their military positions. The court martial verdicts follow the regime’s investigations into the activities of the duo, other high-ranking officials and hundreds of businesspeople last month. Moe Myint Tun, who has also been purged from the junta’s top administrative body, the State Administration Council, abused his position for personal benefit in violation of economic policies, and committed high treason by going against the roadmap and objectives of the regime, junta media said Tuesday, adding that he took bribes from companies and illegally held foreign currencies. He was the chairman of the Myanmar Investment Commission, the Foreign Exchange Supervisory Committee, and the Central Committee for Ensuring Smooth Flow of Trade and Goods. The regime announcement said he was found guilty of failing to take action against persons who raised the price of palm oil rather than selling it at the reference price set by the government. The Central Bank of Myanmar sold US dollars in order to import palm oil to be sold at the reference price, it said. “Moreover he … [took] bribes from companies, applying his rank and authority, illegally keeping foreign exchange currencies in hand, and participating in civilian businesses by breaking directives related to military discipline,” the statement reads. Prior to the investigation, The Irrawaddy reported that Moe Myint Tun had squirreled away millions of US dollars in bribes from businessmen over the past two years. Some of the businessmen told The Irrawaddy they had to pay him at least US$20,000 or the equivalent in gold and gifts—Louis XIII cognac, with a list price of more than $4,000 for a 750ml bottle, was highly preferred—just to meet him. Yan Naung Soe, joint secretary of the Central Committee for Ensuring Smooth Flow of Trade and Goods, personally benefited from violating the economic policies of the state and committed betrayal of the state and treason together with Moe Myint Tun, the regime said. “He also exchanged foreign currency for Myanmar kyats for businesspersons by applying his rank and authority, accepted foreign currency and Myanmar kyats from businesspersons, created connections between businesspersons with ex-Lt-Gen Moe Myint Tun, illegally kept foreign currencies in hand, and participated in civilian businesses in violation of directives related to the military discipline,” the regime said. The corruption scandal involving Moe Myint Tun and Yan Naung Soe embarrassed regime chief Min Aung Hlaing. He issued a warning late last month that senior military officers and ministers caught abusing their power for personal benefit would face heavy penalties in addition to dismissal. However, despite Min Aung Hlaing’s highly publicized anti-graft campaign against his subordinates, it is common knowledge that he leads the regime in terms of corruption and that his son Aung Pyae Sone and daughter Khin Thiri Thet Mon have abused their father’s power to amass great wealth..."