The National Unity Government (NUG) has raised about $42 million USD from fundraising activities, according to the NUG’s social media page on this week.
The funds came from sales of Spring Lottery and Nway Oo Lottery tickets, NUG Treasury Bonds, and the sale of the coup leader Ming Aung Hlaing’s land and building at No.14 Inya.
Previously the land, which covers 1.86 acres and has been valued at over $30 million USD was owned by the state, but Ming Aung Hlaing confiscated it for his own use after the coup.
According to the End of Dictatorship-EOD programme the NUG has already sold $5 million USD worth of shares in the land and building.
Tin Htun Naing, the NUG Union Minister for Planning, Finance and Investment said at a press conference on 18 May: “We plan to continue selling military-owned properties. There will be a series of other military-related properties for sale in the future. We are preparing a list of properties and land which have been unjustly confiscated by the coup leader and his associates. Therefore, in the future after we have sold the 14/ Inya property and land, other military-related properties will be sold and we will continue to support the revolution.”
Photo : NUG
