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State funds lose some K260,000 million, US$13.32 million in corruption cases

NATIONAL NEWS

The Anti-Corruption Law was enacted on 7 August 2013 for ensuring the emergence of a clean government and good governance in Myanmar and the Anti-Corruption Commission was formed in 2014 in order to take action against those who commit briberies and losses to the State.
In the fourth amendment to the law on 21 June 2018, a definition mentioned “Anyone breaks the existing laws, rules, disciplines and procedures to cause losses to monetary, materials and property of the State in demanding, taking and managing public finance and liquidation of relevant government departments, government organizations, public organizations and other organizations, participating in and managing an agreement”. If losses happen, the action was taken against the offenders under Section 3(a) (2).
During the term of the previous government, some persons were notorious for corruption but scrutiny and taking action were weak. So, three cases were related to prosecuting the offenders for the loss of the State from 2019 to 31 January 2021, exposing losses of K20 million and 255,930.69 euros.
After taking the State responsibilities, the SAC exposed cases of corruption due to complaints from 1 February 2021 to 31 July 2022. Among 186 criminal cases and 45 general cases, as the persons with current political status from Union ministries and region and state governments in various kinds of corruption cases, the State fund lose K259,670 million and US$13,326,746 in 108 cases.
Due to corruption cases, cases of incorrectness in allotting the fund for the public interests, loss of natural resources, lack of efficient using the land plots reclaimed, loss of basic rights for the people, and hindrances to local and foreign investment happened in the administration, economic and social sectors, according to the Anti-Corruption Commission. — MNA

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