(Translated compilation of
articles from various Burmese blogs last few weeks.)
Last few
years KIA has been happily printing mountains of fake kyats 5,000 (about 6 US$) notes
and distributing the counterfeit notes in Burma through their last stronghold Laiza on the China
border. They are not just dealing in fake Burmese kyats. They are also
involving in printing and distributing fake US$ and fake Chinese Yuan notes
inside China.
That makes
the Chinese (the main backer of KIA) raging mad. And on may 5 this year a
Chinese Central Intelligence unit waiting at the border-control gate on
Htai-Chone to Yan-kyin route in China stopped a KIA vehicle on their way to
Laiza and arrested Slang-kabar Chandee from KIA’s Foreign Relation Department
together with two Kachin men and a Chinese man after discovering 200 million
kyats worth of fake 5,000 kyats note in the vehicle.
Under the
enormous pressure from China’s Htain-Chone district administration Naw Khan the
deputy head of KIA’s Foreign Relation Department searched the offices of KIA’s
Laiza Administrator Krane Naw Aung and discovered 400 million kyats worth of
fake 5,000 kyats notes. He also found another 200 million kyats worth of fake
5,000 kyats nots in Krane Naw Aung’s house.
KIA’s Hong Kong Triad Connection
 |
| Real 5,000 kyat note (above) and KIA's fake one (below). |
But KIA’s
Triad Chinese really fucked up that first batch by carelessly printing “Union of
Myanmar Central Tank” in Burmese instead of “Union of Myanmar Central Bank” on
the notes and soon Burmese police caught all the fake notes and then the Chinese
were informed of KIA’s Triad connection and their counterfeiting operation right
on the border. The result was the Chinese police raid on the KIA vehicles
travelling to and from KIA’s Laiza HQ.
But KIA
General Gun Maw has so far refused to hand over Krane Naw Aung, Liaza
Administrator, and other culprits caught red-handed with counterfeit nots into
Chinese hands despite demanded by the Chinese police.
KIA Criminals Protecting Their
Counterfeiters
 |
| KIA woman with fake notes arrested. |
According to
Chinese police piles of counterfeit notes more than double the amount captured
was already taken into Burma by another KIA high-ranking officer. And they
believed KIA still has stockpile of fake 5,000 kyats notes worth billions of
kyats in Laiza. Chinese police also admitted their frustration from KIA not
allowing them to enter Laiza and search for more counterfeit notes there.
That stockpile of counterfeit notes are now causing
uneasiness in Myitkyinar the capital of Kachin State as people and businesses
have totally refused to accept any kyat 5,000 notes whether fake or real and
general commerce in the whole Kachin state has considerably been slowing down
as the direct result.
General Gun Maw Admitting Counterfeit Operation
 |
| KIA's fake 5,000 kyat notes caught in Myawaddy. |
He also said that he would not hand over the KIA officers
involved to either Burmese or Chinese authorities. “As we have our own laws and our own justice system, to transfer them
to Chinese or Burmese government is impossible,” said General Gun Maw the
KIA strongman.
But he added that he will allow the Chinese and Burmese
authorities to come to Laiza and interrogate the KIA officers concerned if they
request directly to him.
In last week of April more than 270 million kyats worth of
fake 5,000 notes were captured at Shin-shang Hotel in Myitkyinar and all three
men arrested with counterfeit notes were KIA high-ranking officers.
The wildfire-like
rumours now in Myitkyinar are that Gun Maw-led peace negotiation team from KIA
did bring inside their many SUVs bags and bags of counterfeit notes and left
them in Myikyinar to distribute inside Burma.
Their aim was not
just making plenty of money from selling the fake notes but also to destabilize
the Burmese economy in general. Since then tons and tons of fake 5,000 kyats
notes have been caught by Burmese police in Myitkyinar, Mandalay, Myawaddy,
Insein, Rangoon, and even in Naypyidaw.
 |
| Bundles of KIA's counterfeit 5,000 kyat notes. |
