Govt panel seals King’s property Kantipur Report KATHMANDU, Aug 23 - The government committee formed to nationalize the King’s property sealed the registration, transfer and mortgage of all property owned by the King and the royal family on Thursday. The committee led by Home Minister Krishna Prasad Sitaula issued written directives to all Land Revenue Offices to stop any transaction of property owned by the royal family. The committee has also decided to nationalize the Narayanhiti Royal Palace, Lamjung Durbar, Gorkha Durbar and Hanumandhoka Durbar. The meeting also decided to nationalize 1500 bighas of land owned by the royals. On August 20, the cabinet had constituted a five-member committee to nationalize the property belonging to late King Birendra and the property inherited by King Gyanendra by virtue of being the monarch. The committee was given a time frame of 15 days. The committee also decided to seal all the bank accounts of the King, Queen and Crown Prince to stop the transfer of money from late King Birendra and late Queen Aishwarya, sources said. Minister for Tourism and Civil Aviation Prithvi Subba Gurung, Minister for Land Reforms and Management Jagat Bahadur Bogati, Minister for Law, Justice and Parliamentary Affairs Narendra Bikram Nembang and Minister for Forest and Soil Conservation Minister Dev Gurung are the other members of the committee. Posted on: 2007-08-23 05:29:02 (Server Time) http://www.kantipuronline.com/kolnews.php?&nid=120142