December 19, 2016

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THE USDP STRIKES BACK

Former cabinet members to retaliate against embezzlement accusations

Former Union Minister for Mines Dr Myint Aung talks to media during a press conference. Photo: Aung Shine Oo
Former Union Minister for Mines Dr Myint Aung talks to media during a press conference.
Photo: Aung Shine Oo

DR MYINT AUNG, former Union Minister of Mines, said in a press briefing yesterday that he would begin legal action against those who accused several former Union ministers under the previous government of embezzling funds from the Myanmar Gems and Jewellery Entrepreneurs Association.
A group of former Union ministers led by Dr Myint Aung gave a press conference in Nay Pyi Taw to address accusations of their involvement in the alleged fund fraud.
The US$87 million fraud case has been brought to the Legal Affairs and Special Cases Assessment Commission, with the former Union minister of mines describing the move as an attempt to bring disgrace to his party and its reputation.
U Ye Htut, the former Union minister for information, said the accusation of embezzlement was targeted at former president U Thein Sein as a personal attack.
As a former spokesperson to U Thein Sein, U Ye Htut added that many plots have been hatched to defame the former president, who is now the chairman of Union Solidarity and Development Party.
He also pointed out the need for greater transparency in the business transactions of the Myanmar Gems and Jewellery Entrepreneurs Association.
“A lack of transparency in the association’s business operations is the major cause of the misunderstanding,” he said.
In a press conference on 30 May, U Zaw Myint Pe, a member of the Legal Affairs and Special Cases Assessment Commission suggested that an independent body be assigned to investigate the misappropriation of the association’s funds.—Myanmar News Agency

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