Posted by: houstonn December 11, 2012
Swiss govt says late King Birendra has no Swiss bank accounts
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The Swiss government has clarified that the late King Birendra and his family do not hold any bank account or other property under their name in Switzerland.

Late King Birendra

Information to this end was received from the Swiss government through its Embassy in response to a request made by the Government of Nepal, Rastriya Samachar Samiti (RSS) said quoting spokesperson of the Nepal Trust Office, Sharad Raj Bista.

The Trust had been investigating the properly ownerships of former royalties along with their bank accounts.

Speaking at the regular press meet held at the Ministry of Information and Communications on Monday, Bista also said the Trust was mulling over investment in the education and health sector.

The Trust that manages the property previously owned by the Royal family and now transferred into the state ownership is currently making a annual income of Rs. 46.21 million. nepalnews.com

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