RANGOON — Police have published CCTV pictures of two suspects who allegedly robbed a currency exchange business in the commercial capital Rangoon over the weekend.
On Saturday afternoon, two men robbed the M.S. Group money exchange shop, located in Shan Kone Street in Sanchaung Township, according to a police statement.
Ko Shan, the owner of the money exchange shop, told The Irrawaddy on Monday that he had lost “about 50 million kyats.”
The police report said that two suspects, both about 30 years old, threatened an employee of the shop with an air gun and a slingshot. They grabbed about 15 million kyats, 15,000 US dollars, four mobile phones, and phone top up cards valued at 400,000 kyats. The two robbers also destroyed the CCTV server inside the shop.
The police have opened an investigation into the two suspects. If convicted under sections 114, 392, and 427 of Burma’s Penal Code, the suspects could face a maximum of 14 years in prison.
A similar crime took place in August 2015 in Lanmadaw Township, Rangoon, when robbers stole cash from the Farmer Money Changer shop. According to the Lanmadaw police office, they are still investigating that case and have not found the perpetrators yet.