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No charges filed against Serge Pun in Nay Pyi Taw, Yoma clarifies

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
No charges filed against Serge Pun in Nay Pyi Taw, Yoma clarifies
Pun has been meeting and cooperating with the relevant authorities on matters relating to banking business, Yoma says. Photo: Bloomberg
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Yoma Strategic Holdings has issued a clarification that no charges have been filed against its executive chairman Serge Pun, in contrast to what was suggested by a news agency in a July 9 article. 

Citing “official sources”, Myanmar-Now reported that Pun has been held in junta custody for more than a month over alleged violations of banking regulations. The article claims that Pun has been detained since June with eight senior employees of Yoma Bank and Yoma Land.

In a statement, Yoma says Pun has been meeting and cooperating with the relevant authorities in Nay Pyi Taw — including the Central Bank of Myanmar — on matters relating to banking business. 

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