Naw Pwal Say, a Kayin ethnic affairs official for Bago Region, said she was present at the hearing at the Daik U Township Court when the judge allowed the accused, Ma Naw Thaw Thwae Htoo, to post bail.
Ma Naw Thaw Thwae Htoo, 25, a resident of Daik U Township, who recently returned from Singapore, was arrested on December 6 at the police station after she told police officers that she had what appeared to be fake K10,000 notes.
She told the police officers that she received the notes from her employer as payment for her salary. But when she tried to use the notes to buy groceries at a local shop, she was told the money was fake. This prompted her to go to the police to report the case.
The Singaporean employer of the accused has told the police that they obtained the money from a money changer in Singapore and offered to help the victim with her predicament.
The Myanmar police said in a statement that said they found 154 pieces of K10,000 notes when they searched her home.
In November two Singaporeans were arrested by police in Yangon after they were found to be in possession of fake kyat notes. The couple told the police they obtained the money from a money changer in Singapore.