Posted by: pire May 11, 2011
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This man is a shame.
I disagree with previous poster who said the bank's money is "depositor's money". It is promoters'/shareholders' money. If the bank is taking its employees to Pokhara (which I support and see nothing wrong), it is just taking some profit away from its shareholders.
I am not against paying employees well in bank. There is a huge competition in banking business, and it is not easy to retain employees. I support it fully if Nepali can earn more money while living in Nepal. What I don't support in Nepal is that banking jobs are normally given to the relatives of connected people. I think our legislature should work on making banks advertise all positions they need, and go through some kind of fair process in hiring. It is a hard process to install a 'fair hiring process" in private sector in a free market, but we must do it, and improve on it. It can't be made fair overnight, but we must work towards it.
And a seizure of passport of Shrestha is a slap on the wrist, a joke. His properties should be seized immediately, pending legal proceedings. There should be lengthy jail sentences reserved to people like him.
I disagree with previous poster who said the bank's money is "depositor's money". It is promoters'/shareholders' money. If the bank is taking its employees to Pokhara (which I support and see nothing wrong), it is just taking some profit away from its shareholders.
I am not against paying employees well in bank. There is a huge competition in banking business, and it is not easy to retain employees. I support it fully if Nepali can earn more money while living in Nepal. What I don't support in Nepal is that banking jobs are normally given to the relatives of connected people. I think our legislature should work on making banks advertise all positions they need, and go through some kind of fair process in hiring. It is a hard process to install a 'fair hiring process" in private sector in a free market, but we must do it, and improve on it. It can't be made fair overnight, but we must work towards it.
And a seizure of passport of Shrestha is a slap on the wrist, a joke. His properties should be seized immediately, pending legal proceedings. There should be lengthy jail sentences reserved to people like him.