November 21, 2017

Gold mining firms urged to pay debts to government

Pyithu Hluttaw session being convened in Nay Pyi Taw yesterday. Photo: MNA
Pyithu Hluttaw session being convened in Nay Pyi Taw yesterday. Photo: MNA

Some long overdue bills are about to get collected by the Union government, it was revealed at yesterday’s Pyithu Hluttaw session .
U Ohn Win, the Union Minister for Natural Resources and Environmental Conservation, replied to a question raised by U Zarni Min of Shweku constituency about the status of old gold debts owed the government.
“Arrangements are under way to sue gold mining companies for failing to hand over agreed-upon portions of their gold finds to the government for many years . Three big gold mining companies have been giving pure gold left to hand over to the government in FY 2016, as agreed to pay during the year 2018. And arrangements are being made to take deposit money given by gold mining companies and to make responsible personnel from the department supervise the companies to hand over the gold monthly to the government.
When they fail to do as committed, legal actions will be taken against them in accord with rules, laws and procedures”, U Ohn Win said.
In reply to a question raised by Daw Mi Kun Chan of Paung Constituency, U Ohn Win said, “There is not any plan to cancel the gravel production project of Long Life Aggregate Mining Co. in Kalamataung Forest Reserve in Paung Township. In case the company is found guilty of violating rules and regulations, legal action will be taken against the company.”
Afterward, Dr Daw Thet Thet Khaing of Dagon Constituency put forward a motion urging the Union Government to make known the national income received from mining sectors of natural resources and to lay down arrangements for all these earnings to inclusively go into the Union Revenue Fund in accord with the recommendation of the Extractive Industries Transparency Initiative (ETTI) into which Myanmar joined as the preliminary candidate in June 2014.
“National citizens are the ones among 13 countries that enjoy the fewest benefits from extraction of natural resources. The motion has been put forward with a view to applying pressure for reaching an all-inclusive development state and effective management of natural resources. It will be more beneficial use for the national development for our country to carry out things to be done in accord with the standards, instructions and recommendations of ETTI. So, it needs to perform the task of making national income from extraction of natural resources to inclusively go into the Union Finance Fund”, Dr Daw Thet Thet Khaing said.
Following that, U Win Myint, Speaker of Pyithu Hluttaw announced that those interested in discussing the motion approved by Pyithu Hluttaw to be seconded in the Hluttaw to enroll their names.
After that, Thura U Aung Ko, Union Minister for Religious Affairs and Culture, submitted a bill on International Theravara Buddhist Missionary University (ITBMU) Law. —Myanmar News Agency

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