YANGON: The Ministry of Home Affairs submitted a bill to the National Assembly Wednesday (June 3) to combat online fraud, which could carry a sentence of life imprisonment and even the death penalty if it results in death.
The bill was submitted by Union Minister for Home Affairs, Lieutenant General Nyunt Win Swe.
This law was drafted by the Ministry of Home Affairs with the aim of preventing online fraud from taking root in the country, coordinating with domestic forces as well as foreign governments, preventing illegal entry into the country through border areas and committing online fraud crimes that threaten the sovereignty and peace of the country, and eradicating and taking action against online fraud crimes, Lt Gen Nyunt Win Swe, said in submitting the bill.
“The draft law on combating online fraud has comprehensively drafted the provisions of the Online Fraud Supervision Committee, Regional Committee and Anti-Scam Centre to effectively take action against online fraud, prevention, information exchange, temporary suspension of money flow and taking action, and international cooperation to effectively take action against online fraud,” he said.
The bill aims to establish a system for exchanging information between banks and financial institutions, telecommunications service providers, and relevant government departments and organisations, to screen and detain foreigners illegally present in places where online fraud is committed, and to seize and manage movable and immovable property used in committing online fraud, as well as the profits obtained from committing online fraud, the purpose section of the bill states. - Eleven Media/ANN
