The junta’s first attempt to auction off the iconic Yangon home of imprisoned democratic leader Aung San Suu Kyi failed on Wednesday when no bids were placed, according to sources close to the process.
The regime’s western Yangon District court issued an order on January 25 announcing that the residence would be put up for auction on March 20, with a starting bid of US$90 million; on March 5, Suu Kyi's legal team submitted an appeal to the junta-controlled Supreme Court to amend the auction order, which would have put the process on hold.
A passerby reported that the auction began at 10am outside of the two-storey colonial house, often referred to simply as No. 54, a reference to its. . .