Myanmar threatens jail for buyers of bonds issued by opposition

FILE PHOTO: Myanmar's military spokesman General Zaw Min Tun attends a news conference ahead of the start of a new parliament term and the formation of the new government in Naypyitaw, Myanmar January 26, 2021. REUTERS/Thar Byaw/File Photo

(Reuters) - Myanmar's ruling military threatened on Friday to arrest citizens who invest in bonds offered by a shadow government, warning of lengthy prison sentences for their involvement in what it called "terrorist" financing.

The National Unity Government (NUG), an alliance of pro-democracy groups, ethnic minority armies and remnants of the civilian government overthrown by the military, said this week it had raised $9.5 million in the first 24 hours of its bonds sale https://reut.rs/32jvPxw.