Independent Mon News
Agency (IMNA)
SPDC’s way of money laundry
After closure of two main banks: May Flower and Asia Wealth, in Burma, the
people who belong ‘black money’ in these banks can withdraw their money by
cooperating with a registered business companies and bribing money to the
(military) government departments, said by a local Mon transport business
community.
The persons who have money could also create business companies suddenly and
they can withdraw their money by bribing the government departments.
A Mon businessman said many companies formed with drug dealers can withdraw
money by bribing to the government departments by paying 20% of their withdrawn
money.
Drug dealers have chance for money laundry by bribing the government
departments. Whether They want to withdraw their money
secretly from banks or they keep their money in bank, they have to pay 20% of
the total money to the government, confirmed by the businessman.
By spending ‘black money’ in government departments, the regime has helped in
the money laundry for drug dealers or illegal business communities. On the
other hand, these illegal money could also supply the
government budget, said by that businessman.
For the illegal business communities, after the set amount of money bribes to
the government departments, and they could use their remaining money legally,
to buy assets, real estates and properties in the countries and to pay loans.
The Mon civilians in the rural communities save their money in the their trusted monks’ bank accounts and the monks have
tried to get their money back. Hence, the monks are crowded in front of the
banks and have arguments to the bank authorities.
Two main banks, May Flower and Asia Wealth have been well known for their
operating of their businesses with drug money since the meeting of Asia
Development Bank (ADB), which was held in Chaing Mai
of