Posted by: _____ June 8, 2011
पिपल्सका अध्यक्षद्वारा ५० करोड दुरुपयोग
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I posted for info, I do not know how much to trust the news, BUT two points caught my eyes

1. अर्घाखाँची र काठमाडौं नागदहको जग्गा धितो राखेर करिब ५० करोड रुपैयाँ कर्जा प्रवाह भएको छ। धितोको उच्च मूल्यांकन गराई दिएको कर्जा भुसालले घरजग्गा तथा प्लटिङमा खर्च गरेको स्रोतले बतायो।


Now if that is true, I dont think it is possible for the bank to survive, how much do you guys think value of those two plot of lands ,

-it says the loan was isssued by enflating the real market value of the land
- In my opinion the market value is down by 50% (real market value)

So after deducteing the enflated cost, how much those two plots of  land will cost now ? my guess is only 25% of the real value so 25% of 500 million is 125 million


2. चैतसम्म एक अर्ब ४ करोड रुपैयाँ त कर्जा प्रवाह नै गरेको छ।, चैतसम्म कम्पनीले ६४ लाख रुपैयाँ नाफा कमाएको थियो

Profit was only approx 0.60 % that itself is a red light shows that already in "chait" there were indications of trouble in the company
and nobody took action, seems.

3. कम्पनीले कुल कर्जामध्ये जग्गा खरिद र प्लटिङका लागि मात्रै ५८ करोड ५७ लाख, घरकर्जा ३० करोड ६२ लाख र ओभरड्राफ्ट कर्जा २३ करोड ६५ लाख रुपैयाँ प्रवाह गरेको छ।

now in ktm the price of land/house down by 50%, there are indications that it wont recover within 5 yrs

4. जेठ मसान्तमा अवधि पुग्ने करिब १५ करोड निक्षेप भुक्तानी गर्नका लागि कम्पनीलाई संस्थागत निक्षेपकर्ताले पत्राचार गरिसकेका छन्। कम्पनीसँग भुक्तानी गर्नका लागि जम्मा २५ लाख रुपैयाँ मात्र छ।

lol, you decide

Nepal is facing  US like housing bubble situation, to get out of which US had to print almost a trillion dollar. Govt had to introduce stimulas pacakage to financial institute, but this type of cure is not possible in Nepal .


Last edited: 09-Jun-11 03:19 PM
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