Thailand denies allegations that Thai banks facilitate Myanmar junta’s arms purchases

Thailand has denied allegations from the United Nations that some Thai banks are assisting the Myanmar junta in purchasing weapons, stating that no evidence has been found.

The Bank of Thailand and the Anti-Money Laundering Office jointly announced on December 30 that Thai banks were not being used as intermediaries in the junta’s arms transactions.

Although the investigation uncovered financial transfers between individuals named in the report and Thai banks, it found no evidence linking these transactions to the junta’s weapons purchases.