A Myanmar court has ordered the sale of Suu Kyi's villa in Yangon to be auctioned, setting the starting price at more than 3.1 billion baht after her brother sued her to split the inheritance. This house has been around for a long time.
Reuters news agency reported on January 25, 2024, citing a single news source's revelation that a court in Myanmar, which is under the rule of Myanmar's military government, had ordered an auction to open the sale of Aung San Suu Kyi's house on Lake Inya. In Yangon Suu Kyi has been detained in this house for 15 years because of her calls for democracy in Myanmar. Before he was released and controlled by the military government, Hlaing, led by General Min Aung, was arrested after staging a coup in February 2021.
Sources revealed that a court in Myanmar set the auction price for Suu Kyi's house. It starts at 315,000 million kyat, which is about $950 million (about 3,150 million baht, calculated at an exchange rate of $1 equals 35 baht).
While the source of the news who was aware of the process of opening an auction to sell Suu Kyi's house also revealed this and the court ordered the sale of Suu Kyi's house in Yangon at public auction on March 20. If someone buys it, the house will be sold. “We will see an auction of homes whether there are buyers or not,” said the source, who requested to remain anonymous.
Reuters reported that a Myanmar court has ordered an auction to sell Suu Kyi's house. And in Yangon, after Aung San Oo, Suu Kyi's estranged brother, filed a lawsuit in 2000 to claim a share of the inheritance from the sale of the house. It is owned by his mother (Daw Khin Jee), who passed away. Until the court decided to divide the inheritance. By opening an auction to sell Suu Kyi's house in Yangon
Suu Kyi had previously moved from her home in Yangon in 2012 to live in the new capital, Nay Pyi Taw. After leading the National League for Democracy to victory in the elections, Suu Kyi, now 78, was detained by the military government headed by Min Aung Hlaing. But it is unclear where he was taken to prison. After the Myanmar military staged a coup in February 2021, a court sentenced Suu Kyi to 27 years in prison on charges of crimes related to treason and accepting bribes.
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