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USDP says it will disclose assets if NLD does too

The Union Solidarity and Development Party (USDP) has stated that it would not hesitate to disclose its assets if the National League for Democracy (NLD) government and members of Parliament were also to do so.

The statement was made during a press conference on the alleged embezzlement of public funds by former state and divisional ministers at the USDP headquarters in Naypyidaw on 12 May. Tin Aung Chit, the party’s secretary and a former deputy minister of border affairs, made the remark in response to a question from a reporter, who asked whether the party had any intention to disclose its assets.


“Will the organisations and parties, which previously spoke out urging the former USDP-led government to disclose its assets, reveal their assets now? If yes, we would not hesitate to disclose our assets,” he said, seemingly referring to calls under the previous USDP administration for members of the cabinet to disclose their financial assets.

The current Lower House speaker, Win Myint, was among those calling for greater financial transparency from public officials under the previous government. However, he said recently there were no plans to require disclosures from lawmakers or cabinet ministers. This was out of concern for their safety, he said, without elaborating.


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