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The US thwarted an attempt to transfer $1 billion of Myanmar to another bank

Google News

The military organizers of the coup in Myanmar intended to seize funds from the republic's account in the US bank.

The military who carried out a coup in Myanmar tried to withdraw a billion dollars from the country's account in a US bank. This was announced on Thursday, March 4, by Reuters.

It is noted that they tried to transfer funds from the Federal Reserve Bank of New York on behalf of the Central Bank of Myanmar on February 4. However, a bank in the United States stopped the operation.

The transaction was reportedly attempted after the Myanmar military appointed a new central bank governor.

According to the agency, it was this situation that became the reason for US President Joe Biden's approval of sanctions against persons involved in the coup in Myanmar and the blocking of state accounts in the United States.

As reported, in Myanmar for more than a month, protests against a military coup in the country have not subsided. More than 50 protesters have already died, according to the UN.

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