CNI News
3 June 2024
While the State Administration Council (SAC) was planning to arrest and take action against ten people including owners of Weint Sein, Aung Thamardi and Zwe Htet gold shops for making the price of gold unstable, because they had run away, the SAC issued arrest warrants on them on 2nd June, 2024.
A total of 21 suspects who was carrying out to make the price of gold unstable had been identified and arrested and were being inspected, stated the SAC.
According to their testimony, those who were carrying out to make the price of gold unstable behind the scene are U Aung San Win, owner of Aung Thamardi gold shop, U Aung Kaung Myat, owner of Weint Sein gold shop, U San Win, owner of Zwe Htet gold shop, U Myo Thu Win from Academy Gold Refinery Industry, U Thet Naung Win from Khayan Thongwa gold shop, U Kyaw Nyein from Sein Kyaw Moe gold shop, U Aye Kyaw from Shwe Zin Win Gold Refinery Industry and brokers, U Kyaw Win (b) Panthee, U Nyi Nyi Oo (b) Chekkyi and Daw Tin Tin Khine (b) Daw Sanda Tin and they all have been on the run.
So, authorities are performing to take action against them in accordance with the law.
Those who knew where the fugitives were staying could secretly inform the security organizations concerned, stated the SAC.
Moreover 21 people who had been arrested would be taken action against in accordance with the law, said in the statement.
The price of pure gold was 57 lakh kyats per tical a few days ago and now is just over 50 lakh Kyats.
