Posted by: pire June 8, 2011
पिपल्सका अध्यक्षद्वारा ५० करोड दुरुपयोग
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 First, a bank has many promoters, most of them are not even in day to day business. If you guys know what promoter share is, and what their rights are, you will know. It is always a few major promoters and CEOs who know what is going on.

Second, I believe now the situation has gone to such an extent that Nepal Rashtra Bank needs to be more responsible and come forward. I don't see any strategy by Rashtra Bank to protect people's money in those finance institutes.

Third, I don't think this bank has been totally bankrupt. It is just that people stopped putting money in the bank and the depositors wanted to take out their money(bank run situation). The asset must be there to recoup almost all of the money. This finance was making profit until last quarter.

I am very angry at the role of Rashtra Bank lately. They must arrest the major players in the bank if they are found to be guilty, but must protect the ordinary shareholders, ordinary promoters and depositors. The governor is a clown, and he has no idea how to run an economy. He loves giving speech, but has no idea how bad his economics is. He is not doing his job, and the govt is also not interested in seeing many banks survive.
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