Bo Bo Nge

Bo Bo Nge returned to Myanmar in 2015, after the 2015 Myanmar general election, which marked a major democratic transition. He joined the National League for Democracy's economic committee and also served as KBZ Bank's head of research and risk management.[9] On 12 August 2016, Bo Bo Nge was appointed by the national parliament to the board of directors of the Central Bank of Myanmar, replacing Maw Than, who was appointed in April 2016.[9][10]

On 21 July 2017, he was nominated and appointed by President Htin Kyaw to become deputy governor, alongside Soe Min and Soe Thein.[11] During his tenure, he fought corruption and pushed for financial reforms.[12] He also served as the chairperson of the Kyaukphyu Special Economic Zone and a member of the Myanmar Investment Commission.[13]

In the early morning of 1 February 2021, as part of the 2021 Myanmar coup d'état, he was arrested at his home in Naypyidaw by military authorities, as part of a broader movement by the coup leaders to detain prominent individuals connected to the civilian-led government, including Aung San Suu Kyi.[14] His alma mater, SOAS, called for his immediate release.[8] On 1 March, US senator Mitch McConnell committed Bo Bo Nge's story in the Washington Post, entitled "An American success story is lost in Myanmar's coup," to the Congressional Record.[15]

Following his arrest, the military-appointed Anti-Corruption Commission of Myanmar launched an investigation on Bo Bo Nge.[16] On 10 May 2022, the military regime indicted him under corruption charges, invoking Article 55 of the Anti-Corruption Law.[14] Military authorities alleged that he had failed to collect taxes on a US$1.4 million donation from the Open Society Foundation intended to support small and medium enterprises, and that he had mismanaged foreign exchange, banking and accounting operations during his tenure at the Central Bank.[17][18] The charges were widely criticized as being politically motivated.[18] In December 2022, he was sentenced to 20 years in prison.[19]