Narinjara News, 23 June 2022

A man was arrested in a bank of Sittwe with fake10000 kyat currency notes,while he was preparing totransfer the money to his colleague in Burma proper.

According to thebank sources, 35 fake 10000 notes were seized from him at The AyawaddyBank in Sittwe, the capital city of Rakhine State.

“He was arrestedon 21 June  in Rupa Taung ward’s  bank.  Thedetainee is  U Kyaw Myint (alias Mamut Isut, 38 years old) hailingfrom Thechaung village under  Sittwe township,” added a bankofficial.

A governmentstatement said  Kyaw Myint transferred 100 of 10000 kyat to U Tut(L55 Shwe Hintha Company), a  resident of Yezakyo townshipof  Magway region. Among those, the bank authority identified 35 fakenotes.

The accusedinformed that he got the money from Thechaung temporary market’swholesale food bazar.

Currently, thecounterfeit bank notes are being confiscated by the Sittwe city police andprocessed under the law.