Soros OSF kicked out by the Military Junta in Myanmar

Crypto, Soros and the Global Drive to Fund a Revolution in Myanmar

The junta defends the need for military rule saying that more than 11 million votes were cast fraudulently in the 2020 elections won by Aung San Suu Kyi and her party in a landslide.

Many of those in the democratic resistance have long garnered backing from billionaire George Soros. According to the present Ministry of Information, he visited Myanmar four times between March 2014 and January 2017 and met with Aung San Suu Kyi twice, while his son Alexander Soros visited seven times from 2017 to 2020 and met with her six times. Soros himself said back in 2012 that he’d been supporting the democracy movement in Myanmar for 20 years.

Myanmar’s military government announced last year that actions would be taken against the Soros-backed Open Society Myanmar (OSM) for breaking the rules for organizations, having frozen its savings totaling some $4 million deposited at four local banks. The junta accused some of its staff of withdrawing deposits from a private bank and providing cash assistance to a campaign that opposes the military known as the Civil Disobedience Movement. Investigations are ongoing.

The Open Society Foundation declined a request for comment on its role in Myanmar, but referred to a statement it issued last year saying that claims of financial misconduct made by the military were false, as were claims that OSM had acting illegally and used its own funds for illegal purposes.

https://finance.yahoo.com/news/crypto-soros-global-drive-fund-000014430.html

Bloomberg News

Thu, February 24, 2022, 12:48 PM