posted on sebsonline.org-
stop remitance to nepal
? 2/5/2005 6:05:25 PM EST
guys,
i just met a friend of mine who came yesterday from nepal. in nepal, all the land or property purchase and sell has been stopped till next notice.
in addition, there is wide spread rumor that king G, if he does not get support of india and usa, uk and european has contemplated to leave the country by amassing wealth till then, thus the foreign reserve is tightly regulated. people in kathmandu has been drawing their savings from bank in threat of their money being seized. government has not allowed drawing more than 4,000NRs per day.
So even the money sent to nepal would be in banks locker with army custody, so if you sent US$1,000, it will take a month to draw. imagine people working in gulf, and in other countries who are sending remittence to nepal for their families out of kathmandu, this money will take at least a year to reach them, and there is no guarentee that the money would be given to recipient, if the government needs to use for its military mobilization. so it is better for us to wait for a year or so before we remmit. the basic needs right now for money would be for daily life, like grocery and rents and other things, our family can survive that for additonal year, and we can send them bulk money then.
my friend was telling me that the money i did western union transfer a day before the coup to my mom is not released yet, till thursday morning (nepal time) when he had leave to mid-east en route to usa.
guys if you have friends or relatives or villagers or neighbours in gulf, pass them the message. the hard earn money with physical labor done in others land, it should be honored and protected. they can save the money for a year and send it back.
i am not remitting for a year. sorry to my parents but it is a reality.

another posting on sebsonline.org

e: stop remitance to nepal
i think it seriously 2/5/2005 9:21:24 PM EST
Among the constitutional rights suspended by King Gyanendra since he declared a state of emergency last week is the right to property, clearing the way for him to strip his targets of everything they own.

you know why it is done. so that the bank does not run away with your money. and politicians does not become clean by transferring money and assets... it has been done before

do you think all your deposits is with the bank in the form of cash and cash equvalents???? so that they can run away carrying loads of NRS. right.. who accepts NRS.. outside NEPAL???. com'n grow up. i mean US $

I think the corrupt leaders should be put in prison with all their property seized.I am sure, he will do it soon.This will not cause me any harm.
Only people who should worry: Corrupt leaders and businessmen.
I am sure the king won't go after poor farmers who have a few pieces of lands in the villages.I am from that group,so I support the king.

All those crying here in Sajha are the spilt brats of corrupt politicians, bureaucrats, or businessmen. I am sure others are cool with what is going in Nepal.

deepblue.. i think you are right..

i aggree with you they are all corrupt leaders chamcha and family members enjoying money earne by selling nepal and still tryign to prove political leader are great

Please stop these rumors. We don't need more rumors. Keep all this valuable rumors to yourself.

Soon, all will be normal.People of nepal are great in forgetting things.They will never even remember that the King had taken power from the leaders ONCE UP ON A TIME.

See, this will happen

the tittle of this posting reinstate the dialogue of corrup daughter sujata koiral or corrupt leader girija....

she called for stop in foreign aid and this guy is calling for stop of remmitence..

do you know who will suffer from these type of call poor nepalese, it is not gonna do any harm to royals..

and i know even your leaders have wealth in mass and food stock for generation that these type of aid stop and economy down fall wont affect you so you are calling for this....

this proves how selfish and self centered are so called democratic leaders.. .they will do anything to earn power and money... they are ready to sell their own mother ..

Agree with MeriAmaNepal.

Another propaganda by sons / daughters / karyakarta of crooked political Netas?

By no means I oppose the freedom of speech here in sajha but this thread has (will) clearly crossed the line by disillusioning the Nepalese living abroad. The reason, the govt has put the ban in withdrawing money temporarily is so that the banks don't run out of money in volatile situation like this. This is an accepted practice in Economics !!!! My thumbs of rule on this: It was good for the US during the depression era; it is good for Nepal now.