No bidders showed up at an auction in Myanmar on Wednesday for the home of jailed former leader Aung San Suu Kyi, with the starting bid set at around $90 million, witnesses and local media reported.
The 1.923-acre (0.78-hectare) family property in Yangon’s Inye Lake is under construction after a years-long legal battle between Aung San Suu Kyi, who was ousted in a 2021 coup, and her estranged brother Aung San. It was auctioned at the behest of the Supreme Court. Sang O.
“No buyers came today, so the official in charge of the auction has left,” the witness told Reuters, speaking on condition of anonymity due to the sensitivity of the issue.
The BBC Burmese service also reported the news.
Aung San Oo could not immediately be reached for comment. A spokesman for Myanmar’s military junta did not immediately respond to a request for comment.
Nobel laureate Aung San Suu Kyi is being held in an undisclosed location and serving a 27-year sentence for multiple crimes that her supporters say are fabricated.
After returning from Britain, she spent the better part of more than three decades in Myanmar, most of which included 15 years under house arrest under the former military junta, living in the shabby colonial-style villa.
After her release, Aung San Suu Kyi moved to the capital Naypyidaw to attend parliament and served as Myanmar’s de facto leader until she was ousted in February 2021.
She delivered an impassioned speech to a crowd of supporters through the metal doors of the House of Representatives, the site of some of her most high-profile meetings, including with former President Barack Obama and Secretary of State Hillary Clinton. .
The house was inherited by her mother, Khin Kyi, after her father, independence hero General Aung San, was assassinated in 1947.
Aung San Oo’s estranged brother, 78, first filed suit in 2000 seeking a share of the property. In 2016, the court ruled that the land should be divided equally between the brothers and sisters.
Aung San Oo appealed several times, asking the court to auction the property and split the proceeds equally between him and Suu Kyi, but they were unsuccessful. After the coup, the Supreme Court allowed his special appeal and ruled that the property be sold by auction.
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