A new investigation commission will be formed to look into the Myanmar Gems Traders Association’s financial scandal, involving allegations of more than US$100 million that went missing from their bank account, according to the organization’s chairman.
At a press conference at the association’s headquarters on Wednesday, chairman Yone Mu told reporters that the decision to form a new commission to further investigate the unexplained loss was made during a meeting of the gems traders on Tuesday. A previous review was conducted and finalized this week by the Ministry of Natural Resources and Environmental Conservation but complainants still want to know who is to blame.
“Actions will be taken against anyone who misappropriated funds,” said Yone Mu. (Courtesy of irrawaddy.com)
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