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US journalist Danny Fenster released from prison in Myanmar

The BBC reported that US journalist Danny Fenster has been released from prison in Myanmar after he was sentenced to 11 years in jail by a military court three days ago.
His employer, English-language news site Frontier Myanmar, said he was on a flight out of Myanmar.
Maj-Gen Zaw Min Tun, a spokesman for the military, which took power in a coup in February, confirmed to the BBC that Fenster could leave the country.
Fenster was detained in May as he was about to fly back to the US.
He is one of dozens of journalists, and thousands of people overall, to be held since the coup.
Fenster, who was Frontier's managing editor, had been convicted of breaching immigration law, unlawful association and encouraging dissent against the military.

Then last week he was hit with two additional charges of sedition and terrorism, which carry a maximum term of life imprisonment.
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Fenster's release appears to have been negotiated by former US ambassador and hostage negotiator Bill Richardson, who is in Myanmar.
Mr Richardson said in a statement that Fenster would fly home via Qatar.
"This is the day that you hope will come when you do this work," he said.
Fenster's brother, Bryan, said his family could not wait to have him home again.
"We are overjoyed that Danny has been released and is on his way home - we cannot wait to hold him in our arms.
"We are tremendously grateful to all the people who have helped secure his release, especially Ambassador Richardson, as well as our friends and the public who have expressed their support and stood by our sides as we endured these long and difficult months."
Read more: Myanmar military court sentences US journalist to 11 years in jail
According to Frontier, Fenster had previously worked for Myanmar Now, an independent news site that has been critical of the military since the coup.
"The charges were all based on the allegation that he was working for banned media outlet Myanmar Now. Danny had resigned from Myanmar Now in July 2020 and joined Frontier the following month, so at the time of his arrest in May 2021 he had been working with Frontier for more than nine months," said the news site.
"There is absolutely no basis to convict Danny of these charges."
In a statement before the sentencing, the US state department commented that "the profoundly unjust nature of Danny's detention is plain for all the world to see. The regime should take the prudent step of releasing him now".Myanmar's military leaders seized power in February after suffering a massive election defeat at the hands of the ruling National League of Democracy.
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They said they had been forced into the move by widespread vote fraud, although the country's election commission said there was no evidence to support such claims.
Mass civilian protests rose up across the country, and were brutally suppressed by the military.
Since then, at least 1,265 people have been killed and 7,291 are under detention in a crackdown on dissent, according to the Assistance Association for Political Prisoners (AAPP).
Around 80 local journalists are known to have been detained for their reporting so far. According to the AAPP, 50 of them are still in detention and half have been prosecuted.
Source: BBC
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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