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Sweater Knit by Suu Kyi Sells for $50K

28 December 2012

A hand-knit woolen sweater made by Aung San Suu Kyi has sold at an auction in Burma for almost US $50,000. A local radio station won a bidding war for the sweater during an auction on Thursday night held by Suu Kyi’s National League for Democracy (NLD). The bidding started at $6,000. Suu Kyi has not yet commented on the sale of the sweater—a red, green and blue V-neck—or explained its background. It sold for 41,500,000 kyat, or $49,000. The auction was part of a fund-raising concert organized by the NLD to raise money for education of poor children in the impoverished country.—AP