Fiver Star shipping line(FSSL) , MAI, and Petroleum Filling Stations have been sold out to his cronies. FSSL was sold out to MEC( Military’s economic arm), MAI to Kambaw Za bank(Former Narcotic drug lord), Filling Station to Htoo Company(owned by Teza.
Where is the transparency in this sell out? Any rules and regulation (Pension, social security etc)for the people working in this enterprise?
Any reason behind this fast sold out the enterprise? Who will get benefit? People or his cronies? Privitization should be done cautiously. Hastily privitization get adverse effect on economy.
In reality the way Junta doing is not privitization, it is PERSONILIZATION OF PUBLIC ASSESTS.
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