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Rawal Returns

   What an anarchy in economic sector? M 29-Mar-01 Biswo
     In Nepal, where we lack people like Jay 29-Mar-01 News
       Mahesh Acharya resigned and I think he d 29-Mar-01 dumdum


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Biswo Posted on 29-Mar-01 02:45 AM

What an anarchy in economic sector?

Mr Rawal returns, and I believe he legally deserves so. Eventhough
there are a lot of questions about what he did in banijya banks
and rashtra bank.There are still some question marks on how he
will proceed with the reform in the national banks, how will
he lift the country from today's condition of political shambles.

However,he is returning now, though I still have some doubts on
whether Nepali government will honor supreme court edicts.

It is so sad that Nepali Congress , a party whose commitment to
democracy is undoubted, has done so many of unconstitutional
things. Mr Girija looks so much like Indira Gandhi of 70s,& it
is so regrettable about this senile leader who could have been
examplary leader of ours.Mr Girija's prevarication was proven in
Tanakpur case, he didn't honor the bidding of Akhtiyar few days
ago, and now he is again proven wrong in throwing out this guy.
What next? his action regarding crucial adhyadeshes is not going
to succeed,and I doubt he is really popular in Nepali villages
also.
News Posted on 29-Mar-01 08:12 AM

In Nepal, where we lack people like Jay Leno and David Letterman to entertain us, may be this is one of the many ways Nepal's government thought of entertaining the people.


Supreme Court reinstates Rawal as Rastra Bank Governor

Kathmandu, March 28: The Supreme Court of Nepal reinstated Dr Tilak Rawal as Governor of NepalRastra Bank, Wednesday. The bench presided by justice Krishna Jung Rayamajhi and Top Bahadur Singh issued an order to the government to reinstate Dr Rawal in his earlier position saying that the decision to remove him from the post of governor was illegitimate. The Court ruled that as Dr Rawal had been appointed for a period of five years but was removed before the completion of his fixed tenure, the decision was made without completing necessary procedures. Speaking to
Nepalnews Dr Rawal said, “I am very happy with the decision. I will be going to court tomorrow to get the letter so that I can assume office as soon as possible because it normally takes quite a few days for the Courts decision to be implemented.”

Rawal was appointed governor for a period of five years when senior leader Krishna Prasad Bhattarai was the head of the Nepali Congress government. However, when Girija Prasad Koirala replaced
Bhattarai as prime minister, Dr Rawal was dismissed and retired bureaucrat Dipendra PurushDhakal appointed as the governor of the central bank of Nepal on 28 August 2000. Dr Rawal then filed a writ petition against the decision of the government.
dumdum Posted on 29-Mar-01 03:24 PM

Mahesh Acharya resigned and I think he did a good job.He should
be repentant on the illegal act he committed.

Looks like Acharya is the only person who dares to resign from
his post in this filthy rat-infested polity.