Breaking News, World News and Taiwan News.

UNICEF defends renting property from Myanmar general's family for US$90,000

YANGON, Myanmar -- The United Nations children's agency has defended a decision to pay nearly US$90,000 a month for its new office in Myanmar — a three-story house owned by the family of an ex-army general who was slapped with U.S. sanctions during the country's dictatorship.

UNICEF said in a press release Thursday it carried out an “extensive search,” looking at more than 40 locations, before signing the deal.

Without mentioning the name of the Maj. Gen. Nyunt Tin — whose family owns the property — UNICEF said he no longer holds public office and was not currently subject to criminal charges or international sanctions.

Nyunt Tin was one of the most powerful ministers under the former junta regime led by Than Shwe.

Myanmar, which only recently emerged from half-century of military rule, has implemented sweeping reforms since handing power to a nominally civilian government three years ago.

However, former generals, business cronies and drug lords tied to the old regime still control many of the country's most lucrative assets — including property — and continue to benefit financially as foreign investors and aid groups flock to the country.

Min Aung, a real estate agent not connected to the UNICEF deal, said that while the price of rent had skyrocketed in part because of short demand, US$87,000 a month for a 33,000-square-foot (3,000-square-meter) house was the steepest he had heard of in his 17-year career. He has signed several deals of US$20,000 a month or higher.

It was not uncommon for former generals, their children or associates to be landlords, he said.

The news, first reported by The Irrawaddy website earlier this week, has sparked public outcry. The former general spent years on a U.S. sanctions list and served as a commander of the Irrawaddy region before being appointed minister of agriculture and irrigation in 1997.

He was fired in 2004 and charged with corruption and abuse of power, and had been placed under house arrest.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search