AUTHORITY shuts down Myanmar Pulses, Beans and Seassame Seeds association

yangon dec 22
AUTHORITY has totally shut down Myanmar Pulses, Beans and Seassame Seeds Merchants Association after 5 big wholesale traders are under investigation by 'Bureau of Special Investigation' (BSI) for non-payment to sellers, according to high ranking official from Ministry of commerece.

Myanmar Pulses, Beans and Seassame Seeds Merchants Association is an umbreella association of UMFCCI, Myanmar Chamber of commerce.U Tun Aung is a chairman of its asscociation.

Now goverenment has founded 9 members of a new task force including high ranking officials , members of Union of Myanmar chamber and commerce to solve all cheating in Pules and beans trades in Myanmar. Authority seized all properties including houses and luxury cars of big whole sale traders.

These five wholesale traders including U Khin Myint who is closet friend of Genearl Mg Aye owed hundreds of millions of Kyats to the sellers and their sub-contractors who in turn bought these commodities from the producers who they owe Kyat five to 20 million. These persons lodged complaints to the concerned trading houses.