- Sama Duwa Sinwa Naung was to succeed Mahn Win Maung as the President of the Union of Burma.
- But, a Coup d’etat took place on March 2, 1962.
The rationale was to “prevent the Union from diving towards the Abyss.”
- The 17-member Revolutionary Council came into power.
[Per Kyemon U Thaung] : Seven of the 17 members of the Revolutionary Council did not know of the decision.
- Mahn Win Maung was put in custody along with most senior members including Prime Minister, Ministers and Chief Justice.
- Brigadier General T Clift (Air Force) resigned.
- Commodore Than Pe (Navy) passed away. He is a founding member, Past Captain of RUBC. He succeeded Sir Arthur Eggar as President of RUBC.
- Over the years, the Revolutionary Council purged some members (notably Brigadier General Aung Gyi and his associates) and added several junior members.
The membership blew up to 30+ members.
- Several senior officers in the armed forces were “kicked upstairs” and sent abroad as Ambassadors.
- Some “lucky” ones received double and triple promotions.
- With the senior members of the Pyidaung Su Party (formerly Thant Shin @ Clean AFPFL) and Pha Sa Pa La (formerly Ti Mye @ Stable AFPFL) behind bars or out of the country, Marxist leaning authors borrowed some terms from the Buddhist Scriptures to come up with the “Burmese Way to [Nowhere] Socialism”.
- Nationalization was too broad (not just the important industries), too quick and unplanned.
A few merchants died of heart attack.
- Demonetization (three or so times) had devastating effects on the economy of the country and the morale of the people.
- Nepotism created second class and third class citizens.
- Mismanagement resulted in Burma — once the “Rice Bowl of Asia” — to scarcity of rice and ultimately to be LDC (Least Developing Country).
- I am not a Political Scientist, Social Scientist, and Management Guru to judge the shortcomings of the Past.
- We should not blame our misfortune on Fate.
- We could learn lessons from History and learn from the advances in the world.
- I hope to see our beloved country free from rote learning students who do not have time or energy to develop the five Balas (or Strengths) : Kaya, Nyana, Bawga, Meikta, Caritta.