Ex-King Birendra’s ₤43, 000 deposited in bank
KATHMANDU, MAR 31 -
Nepal Trust Office (NTO) has opened an account in KIST bank to deposit ₤43 thousand (forty three thousand pound) that was in the name of former King Birendra Shah.
In its annual report presented to Prime Minister Jhalanath Khanal, the NTO, which was established to administer the wealth of the former king, has stated that it deposited the amount in a bank account in KIST bank. PM Khanal is the patron of NTO.
The report suggests that 43,503 shares of the former king such at NABIlL Bank, Hotel De l\\\\\\\' Annapurna, and Industrial Development Corporation has come under the ownership of NTO. It also states that the trust received Rs 9.27 billion from different assets that were given for lease/rent.
After surveying the report, PM Khanal requested NTO to pursue its further programs through proper planning. He also requested NTO to effectively seek out other properties around the world and administer them properly. He said that the wealth collected by the trust should be used in education and health programmes in the rural areas.
NTO Joint Secretary Shankar Prasad Koirala said that around 64 Ropanis of land across the country has come under the trust and important buildings such as the Ratna Mandir of Pokhara and Diyalo Bangala of Bharatpur has also come under the ownership of the trust.
Source: ekantipur
Nepal Trust Office (NTO) has opened an account in KIST bank to deposit ₤43 thousand (forty three thousand pound) that was in the name of former King Birendra Shah.
The report suggests that 43,503 shares of the former king such at NABIlL Bank, Hotel De l\\\\\\\' Annapurna, and Industrial Development Corporation has come under the ownership of NTO. It also states that the trust received Rs 9.27 billion from different assets that were given for lease/rent.
After surveying the report, PM Khanal requested NTO to pursue its further programs through proper planning. He also requested NTO to effectively seek out other properties around the world and administer them properly. He said that the wealth collected by the trust should be used in education and health programmes in the rural areas.
NTO Joint Secretary Shankar Prasad Koirala said that around 64 Ropanis of land across the country has come under the trust and important buildings such as the Ratna Mandir of Pokhara and Diyalo Bangala of Bharatpur has also come under the ownership of the trust.
