Yangon: The Myanmar authorities have failed to sell at the auction off the manor by the lake of Aung San Suu Kyi on Tuesday April 29 – the fourth time that the sale of the property of the Nobel Peace was imprisoned has attracted any tenderer.
A auctioneer appointed by the court emerged from the rusty door of the sprawling heap of two floors on the road on avenue University in Yangon to offer it at a reduced starting price of $ 128 million.
Inlanded by a herd of journalists and around a dozen police officers, the auctioneer asked for tenderers three times before proclaiming: “We announce by the present that the auction does not succeed”.
Aung San Suu Kyi has been imprisoned since he was deposited by a 2021 Military Coup But spent years under house arrest in the historic property during a previous period of the junta rule.
After a long legal quarrel, his distant brother won the rights of half of the villa. Its sale is supervised by civil servants appointed by the junta and Aung San Suu Kyi is entitled to half the product.
During his residual residence at 54 University Avenue Road, Aung San Suu Kyi would pronounce speeches at the end of the limits – attracting crowds of hundreds with a high rhetoric on democracy and non -violent resistance.
The democratic experience of the decade of Myanmar saw Aung San Suu Kyi becoming the figurehead elected after its release in 2010, and the house of the colonial era was where it led its emerging civil government.
