BREAKING: Military Junta Seizes George Soros Foundation’s Bank Accounts

A coup d’etat occurred after the winner, Aung San Suu Kyi won a landslide victory in the November elections.

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According to a report published by Reuters,

“The military junta in Myanmar has detained an official from George Soros’ Open Society Foundations and has frozen the billionaire financier’s bank accounts in the country under the suspicion that the group funded elements opposed to the February coup in the country.” 

“In the immediate aftermath of the coup, during mass civil disobedience in the country, the Global New Light of Myanmar — a military propaganda newspaper — alleged that Open Society Myanmar withdrew $1.4 million from its account at the Small and Medium Enterprise Development Bank, or SMED.”

Afterwards, the money was exchanged into local currency, “without following the necessary rules and regulations.”

According to the Financial Times, a picture of Suu Kyi with Soros was also published. The photo was taken back in 2016 in New York, and there were claims that she had met several times with the Hungarian-born American left-wing philanthropist.

“The government announced it also was looking for 11 other Open Society Myanmar (OSM) officials to interrogate them,” according to Reuters.

“Claims of financial misconduct against OSM staff are completely false with no legal basis, and we call for the immediate release of OSM’s finance manager Phyu Pa Pa Thaw,” Binaifer Nowrojee, OSM’s vice president for organizational transformation, told the Financial Times. “The military is wrongfully pursuing staff members who have done nothing wrong and have, in fact, spent years working to improve healthcare, education and more for the people of Myanmar,” she continued. “These false allegations are evidently an attempt to distract from what is really happening and to discredit those who wish for a return to peace and democracy in Myanmar.”

And, according to the Wall Street Journal, the party of Sun Kyi – The National League For Democracy, won 396 out of 476 seats. Though there were ongoing allegations of fraud, the general still took over the power in the early morning of February the 1st.

Suu Kyi is a controversial figure in international circles, having defended the military’s alleged genocide and displacement of several ethnic groups, including the majority-Muslim Rohingya, as part of a security operation.


Ava Garcia

A small town girl, dreaming big, expecting to change the world with presenting the truthful events of the world today. Law degree with a master in criminology, and a devoted journalist for over 7 years, and counting. "The pen is mightier than the sword."

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