Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick
World News

Myanmar ex-leader Suu Kyi’s house arrest site worth at least $90 million – court

by January 26, 2024
January 26, 2024

A court in military-run Myanmar has put up for auction the villa where ex-leader and democracy icon Aung San Suu Kyi spent 15 years under house arrest, and set starting bids at 315 billion kyats ($90 million), a source said on Thursday.

Suu Kyi, back in detention since the military overthrew her government in 2021, has been embroiled in a decades-long legal dispute with her brother over ownership of the lakeside villa.

A person with knowledge of the proceedings said the court-ordered auction will be held at the house on March 20.

“If there is a buyer, the house will be sold. We will have to see whether there will be a buyer or not,” added the source, who declined to be named as they were not authorized to speak to the media. Court officials were not available for comment.

The Nobel laureate was detained at the decrepit, colonial-style residence on Yangon’s Inya Lake until 2012, when she moved to the capital Naypyitaw to attend parliament after her release.

She gave impassioned speeches to crowds of supporters over the metal gates of the house and it has been the site of some of her most high-profile meetings, including with former US president Barack Obama and secretary of state Hillary Clinton.

The 78-year-old’s estranged brother, Aung San Oo first sued in 2000 for a share of the property, which is registered under the name of their mother, Khin Kyi.

The court ruled the siblings must share the proceeds from any sale of the house. Aung San Oo, was not immediately available for the comment.

Suu Kyi remains in detention, though her whereabouts are unknown. She faces 27 years in prison convictions for crimes ranging from treason and bribery to violations of the telecommunications law, allegations she denies.

World leaders and pro-democracy activists have repeatedly called for her release. — Reuters

previous post
Turkey’s Edrogan signs off on Sweden’s NATO membership
next post
Myanmar ex-leader Suu Kyi’s house arrest site worth at least $90 million – court

You may also like

China bans dual-use goods exports for Japan military...

January 7, 2026

North Korea test-fires hypersonic missiles, KCNA says

January 5, 2026

Groups flag P633 billion corruption risk in bicam-approved...

January 2, 2026

China and ASEAN, hit by US tariffs, sign...

October 28, 2025

Backed by the White House, Taiwan leans on...

October 24, 2025

Trump says all trade talks with Canada are...

October 24, 2025

Defiant former French president Sarkozy to begin five-year...

October 21, 2025

Belarus security chief seeks dialogue with Ukraine

October 20, 2025

US budget deficit dips in fiscal 2025 on...

October 17, 2025

Macron wanders alone by the Seine as grip...

October 7, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • NATO ambassador says Europe ‘has a tendency to overreact’ over Greenland dispute

    January 17, 2026
  • Dollarization Turns 26 in Ecuador

    January 16, 2026
  • Manufacturing Employment Data Confirm the Concentrated Benefits—and Dispersed Costs—of Trump’s Tariffs

    January 16, 2026
  • Machado issues warning on Maduro successor as Trump admin handles Venezuela transition plan

    January 16, 2026
  • Trump says $50B rural health plan funded by cutting Medicaid ‘waste, fraud and abuse’

    January 16, 2026
  • About us
  • Contact us
  • Terms & Conditions
  • Privacy Policy

Copyright © 2025 SecretAssetsOwners.com All Rights Reserved.


Back To Top
Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick