https://www.straitstimes.com/asia/se-asia/days-before-coup-imf-sent-myanmar-465m-in-emergency-aid-it-cannot-get-back

WASHINGTON (REUTERS) - Last week, the International Monetary Fund sent US$350 million (S$465 million) in cash to the Myanmar government, part of a no-strings-attached emergency aid package to help the country battle the coronavirus pandemic.

Days later, military leaders seized power and detained elected leader Aung San Suu Kyi and other elected officials, in what the US State Department said on Tuesday (Feb 2) constituted a coup.

There appears to be little the IMF can do to claw back the funds, part of rapid-disbursing Covid-19 financing programmes with almost no conditions and approved by the IMF board on Jan 13, sources familiar with the payments and international finance experts said.