Prominent gem business owner arrested by military.

Millions of dollars’ worth of assets owned by a gem businessman were seized by the junta, state media announced on Aug. 21.

Kyaw Thura, the owner of Myanmar Thura Gems Company, is reported to have been arrested in Mandalay on Aug. 17 on accusations of providing financial assistance to the PDF and CDM workers.

The junta claimed he provided large financial contributions to the PDF and CDM staff, and declared that his massive array of properties – including vehicles, buildings, and jade worth an estimated total of K118,449 lakh (around US $5.6 million) – were “state-owned treasure.”