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Kathmandu Friday January 11, 2002 Paush 27, 2058.
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Why only two banks ?
In what can be called a remarkable move in
combating terrorism, the Nepal Rastra Bank (NRB) gave directives to the two state-owned
banks--the Nepal Bank Limited and Rashtriya Banijya
Bank--to freeze the accounts of the Maoist suspects. But one cannot help wondering how the
commercial banks will identify and enlist the suspects. Will personal prejudice find its
way into such decision-making?
Moreover, the directives should not be confined
to the two state-owned banks. There is a strong possibility that the Maoist sympathisers
may have stashed away a huge amount of money in other private banks and finance companies
which offer higher interest rates. This matter needs a serious consideration.
Laxman Humagain
Tahachal, Kathmandu
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