Kathmandu, October 8
A meeting of the cabinet of ministers today decided to speed up the process of nationalisation of the king's property.
The meeting decided to finalises the National Trust Act 2064 to facilitate and legalise the process of bringing the king's property under a trust and utilise it for the national welfare.The cabinet also decided to immediately release three months' allowance to the Maoists' People's Liberation Army personnel encantoned in different camps.Maoist Chairman Prachanda had ye sterday asked PM Girija Prasad Koirala to release the funds meant for PLA soldiers at the earliest.A ministerial committee had recommeded to nationalise various property owned by King Gyanendra and royal family members, including palaces, jungles and land and the property owned by the late king Birendra.The cabinet meeting was held at Singhadurbar. This is the first cabinet meeting after Maoists' walkout from the government.
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