Narinjara News
Illegal
money deposited by SPDC’s military personnel in Arakan with U-Pai Bank Limited
Sittwe, March 24: Military personnel which
were posted in
This money have been deposited in U-Pai Bank Limited. U-Pai Bank Ltd
has been established by the SPDC military government specifically to run the
banking affairs of the military people.
Arakan is politically one of the most trouble
shooting states. In the backdrop of political turmoil, armed forces have
been heavily deployed. Everything from development works down to small
business is under the control of the army. In these circumstances army personnel
have been making money according to their rank and file.
From a reliable source we received a list of money and owners of the accounts
with U-Pai Bank Ltd. To give
knowledge to the people at home and abroad about the accounts of the army
personnel with the bank. We include the table below:
(1)Kyat 3875000 by Lt. Colonel Aung Thein of LIB 346
stationed at
(2)Kyat 5700000 by Lt. Colonel Htun Than of LIB 371
stationed at
(3) Kyat 5400000 by Lt . Colonel Nyo Oo of LIB 372,
(4) Kyat 3900000 by Lt . Colonel Kyaw Zaw of LIB 373, Ann Town ship
(5) Kyat 3200000 by Lt . Colonel Myint Than of LIB 542,
(6) Kyat 6000000 by Lt . Colonel Aung Kyaw Oo of LIB 543,
(7) Kyat 4000000 by Lt . Colonel Khin Win of LIB
544,
(8) Kyat 6400000 by Lt . Colonel Zaw Myint Than of LIB 562,
(9) Kyat 4900000 by Lt . Colonel Hla Min of LIB 563, Gwa Township
(10) Kyat 2600000 by Lt. Colonel of LIB 566, Gwa
Township
(11) Kyat 13000000 by Brigadier General Kyi Thein of
Sa Ka Kha (5), Ann Township
The above 10 battalions are under the Cha-Ka-Kha (5),
Operation Planning and Control Headquarters , Ann Township and another Cha-Ka-Kha (15) stationed at Buthidaung,
which have deposited kyat 75445000 and MI(18) has deposited kyat 20 million
with U-Pai Bank Ltd.
At present all kinds of business are in the hands of army personnel, such
as: transportation, logging, fisheries and shrimp culture and many other
lucrative businesses. They are sucking the white blood of Arakanese people. What is worse, is that the
respective divisions of the army have been encouraged to extract more money
from the people by raising their ranks and positions so that they can bank
money with U-Pai Bank Limited.
Arakan people have now become a target from whom
money can be easily collected. Army personnel are placing high rate leases on
streams, rivers, water reservoirs, even small water courses, small bazaars,
markets and ferry points. This is being done even in the remote region of
Arakan province, so as to collect huge amounts of
illegal money. This money can then be deposited in the bank to obtain the
favour of higher authorities. In this
situation, the people of Arakan, especially those who
dwell in remote areas have to undergo indescribable sufferings. #
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