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Myanmar will arrest those who buy bonds issued by pro-democracy group

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The NUG says proceeds from the zero-interest bonds will fund its ‘revolution’ against the military in response to its coup and bloody suppression of protests

A soldier stands guard on a blockaded road to Myanmar's parliament in Naypyidaw on February 1 2021. Picture: GETTY IMAGES/STR/AFP

The National Unity Government , an alliance of pro-democracy groups, ethnic minority armies and remnants of the civilian government overthrown by the military, said this week it had raised $9.5m in the first 24 hours of its bonds sale. Zaw Min Tun, the junta's spokesperson, said the NUG has been outlawed as a “terrorist organisation”, so those providing funding faced serious charges.

 

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