Showing posts with label Finance Minister. Show all posts
Showing posts with label Finance Minister. Show all posts

Wednesday, May 9, 2007

ADB's threatening and Hisila Madam's solution

Asian Development Bank (ADB) has warned of pulling
out of Melamchi project after Minister for Works and
Physical Planning Hishila Yami wrote a letter to the
Kathmandu Valley Drinking Water Limited expressing
the government's inability to sign management
contract for valley water distribution.
Yami wrote that the government does not wish
to go for management contract for the time being.
The ADB, when it agreed to provide loan assistance
of $140 million to the project, had had the precondition
that valley's water distribution management
should be handed over to foreign private sector company.

Now the million dollor question is who has signed
that contract then, who was finance minister,
finance secretary, and minister for physical
planning and his secretary. Shouldn't they
be hold responsible for accepting such a
precondition. Why did they accept that
precondition, for how much money or
if they are honest, what is their logic behind 
accepting to privatize the water distribution system 
(though some claim that it is not privatization.) 

Can Hisila punish those officials and ministers
who signed such a regressive agreement?
So, the water mafias and hydro mafias will also
learn the lesson that they will also be punished
one day, if they sign any such agreement and gulp
millions of dollors of commission at the cost of Nepal.
Why not start this campaign to punish corrupts,
who has benefitted foreign companies and 
foreigners at the cost of Nepal and Nepali people.

The cabinet had approved awarding
the contract to a British company Severn Trent.
Can Hisila Yami alone fight for Nepal and Nepali? 
Can Maoists fight for Nepal and Nepali?
Are they fighting for Independent Nepal?
a Sovereign Nepal? 

Why did World Bank pull
itself out of Arun III and now all the leading
newspapers are praising GMR? How much
commission has GMR paid to finance minister
(he was not invited at SAARC
he has just gone to New Delhi to collect commission)
and to journalists? Is there any gurantee that 
they are honest and will remain honest? We 
have an example of UTL, that has gulped
millions of tax in Royal regime by bargaining
and still bargains time and again claiming
to be a professional organization. We have bitter
experiences with such companies, which seems very
beneficial to Nepal at first and start showing 
the real colour and class after one year.
Is there anything called transparency?

Keichi Tamaki, an ADB official, has warned
that failure to sign management
contract would lead to revocation of the bank's
assistance to the project.
How can he threaten Nepal government?

The recently ended ADB's meeting has discussed 
that ADB is taking advantages from the 
underdeveloped country and benefit big and rich
Asian countries, Afghan finance minister openly
ctitizised ADB for such injustice. 
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