Exclusive - China's AgBank suspends account being used to crowdfund Myanmar rebels


  • World
  • Wednesday, 22 Mar 2017

A man walks past a branch of the Agricultural Bank of China in the town of Nansan, Yunnan province, China, March 12, 2017. REUTERS/Thomas Peter

YANGON (Reuters) - One of China's biggest state-owned lenders has suspended an account used to fund ethnic rebels fighting government troops in Myanmar, halting an arrangement that could have stoked diplomatic tensions between Beijing and Myanmar.

The Myanmar National Democratic Alliance Army (MNDAA), which clashed with government forces this month, said Agricultural Bank Of China (AgBank) <601288.SS> <1288.HK> was no longer accepting funds into an account it used to receive donations from supporters.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

'I can't breathe': Black man in Ohio tells police before he died, video shows
Support for South Africa's ANC near 40% weeks before election, Ipsos poll shows
Azerbaijan's Aliyev rejects criticism over journalists' arrests
Russia attacks Ukraine's rail lines to disrupt supply of U.S. arms, source says
Andrew Tate human trafficking trial can start, Romania court says
Ceasefire monitoring centre in Nagorno-Karabakh shuts as Russian peacekeepers withdraw
Supporters of Spain's Sanchez call rallies, leftists abroad urge him to stay
Let us press on with UK migrant plan, Rwanda tells critics
Ukraine's Zelenskiy calls for air defense systems as allies meet
Analysis-Trump election subversion case bogs down as allies' legal woes grow

Others Also Read