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Ex-Myanmar leader Suu Kyi said to get six more years in prison

August 15, 2022 by www.theedgemarkets.com

- A + A (Aug 15): Myanmar’s deposed leader Aung San Suu Kyi was sentenced to six more years in prison on Monday in a judgement that could further anger supporters of the 77-year-old Nobel peace prize laureate. A special court inside a prison compound in the capital Naypyidaw found her guilty of four corruption charges related to a charity named after her late mother, according to people familiar with the matter, who spoke on condition of anonymity because the proceedings aren’t public. It’s the fourth round of criminal verdicts against Suu Kyi since the military seized power in a 2021 coup and brings her total jail term to 17 years, extinguishing any chance of her staging a political comeback, while the junta remain in power. Mandalay Region High Court Judge Myint San ruled that Suu Kyi caused the State to lose more than 24.2 billion kyat (US$13 million) by leasing land in Naypyidaw to build the headquarters and related projects of Daw Khin Kyi Foundation, a … [Read more...] about Ex-Myanmar leader Suu Kyi said to get six more years in prison

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Myanmar junta court jails Suu Kyi for six years for corruption

August 15, 2022 by newsinfo.inquirer.net

FILE PHOTO: Myanmar’s State Counsellor Aung San Suu Kyi attends Invest Myanmar in Naypyitaw, Myanmar, January 28, 2019. REUTERS/Ann Wang/File Photo Yangon, Myanmar — A Myanmar junta court jailed ousted civilian leader Aung San Suu Kyi for six years for corruption on Monday, according to a source close to the case. Suu Kyi was sentenced to “six years imprisonment under four anti-corruption charges,” said the source, who requested anonymity because they are not authorized to speak to the media. Suu Kyi has been in military custody since a coup ousted her government in February last year, plunging the Southeast Asian nation into turmoil. She appeared in good health and did not make any statement following her latest sentencing, the source added. The Nobel laureate, 77, has already been sentenced to 11 years in jail for corruption, incitement against the military, breaching Covid-19 rules and breaking a telecommunications law. She still faces a raft of other criminal … [Read more...] about Myanmar junta court jails Suu Kyi for six years for corruption

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Zubiri: Sugar importation kickback may reach up to P600 million

August 15, 2022 by newsinfo.inquirer.net

Sugar. Stock photo MANILA, Philippines — Kickback from sugar importations may reach up to P600 million, according to Senate President Juan Miguel Zubiri citing his sources. “My dear colleagues, we were not born yesterday. I think most of us know that importation is a lucrative business,” the Senate leader said during the plenary session. Zubiri said that according to his sources, authorities ask for “tongpats” or bribes worth P50 to P100 per bag of imported sugar. “Let me put it in proper context, 300,000 metric tons of sugar is six million bags. At P50, that is P300 million. At P100, that is an income of P600 million possible tongpats na matatanggap,” he said. Zubiri issued these remarks amid the controversy involving an “illegal” resolution for the importation of 300,000 metric tons of sugar. “May I make a suggestion during our hearing? Can we do a systemic change in the style of the importation?… Let’s say Coca-Cola needs 50,000 metric tons. Give them the permit to … [Read more...] about Zubiri: Sugar importation kickback may reach up to P600 million

Filed Under: Uncategorized sugar imports, sugar import, import sugar

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