Govt agrees to resume transactions with suspended accounts of transporters’ committees

A joint press meet of transport entrepreneurs and government, in Kathmandu, on Monday, May 7, 2018.

Kathmandu, May 7

After transport entrepreneurs agreed to abide by the new rule that all transport entrepreneurs have to get registered themselves as private companies, but not nonprofit NGOs, and to stop all forms of protest including the transport strike, the government has also agreed to resume transactions with bank accounts of their previous organisations registered as NGOs.

Earlier, a panel led by the Minister for Home Affairs Ram Bahadur Thapa had directed the Nepal Rastra Bank to suspend bank accounts of such committees and the central bank had also implemented the directive by suspending transactions with 245 such committees.

But, during a midnight talk held between Minister for Physical Infrastructure and Transport Raghubir Mahaseth and representatives of transport entrepreneurs yesterday, they came to an agreement to lift the suspension if the transporters agree on all other rules set by the government.

The two sides organised a press conference in Kathmandu this morning to share details of the agreement.

Published on May 7th, Monday, 2018 2:47 PM

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