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Article: Nepal king to retain his business empire

Article from:
The Hindustan Times
Article date:
May 26, 2008
Copyright

Report from Indo-Asian News Service brought to you by HT Syndication.

Kathmandu, May 26 -- Though a historic assembly will officially proclaim Nepal, once the world's only Hindu kingdom, a republic next week and strip cornered King Gyanendra of his crown, the monarch will still have his empire - of business enterprises.

When his elder brother Birendra was king, Gyanendra, then a prince with no chance of ascending the throne, was a businessman with interests in a wide range of trades, from hospitality to tea gardens.

On May 28, after the newly elected constituent assembly asks him to leave the royal palace and return to his old residence as a commoner, he is expected to once again pick up ...

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