Narinjara News
9 COMPANY CHIEFS
ARRESTED IN
The effected nine companies are Diamond Million, Golden Optic, Green Green one, Kyaw Myint Moe, Min Min Tun, Shwe Myet Hman, Thaung Htike,
Thein Htick, Zabu Yit and they are also major
trading firms, the sources said.
“The nine are some of the 299 private exporting companies presently being
investigated for malpractice from among 15,000 companies listed with the trade
minister, “according to an anonymous businessman.
“The nine were found to have fudged official import permits issued by the trade
department worth over three million dollar.” He did not identify those
arrested.
Some of the firms are known to be fronting for foreign companies, which are
banned from conducting import and export business on their own, he said.#