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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2395

Nepal: Maoists demand over US $ 400,000 in ransom

[b]Nepal: Maoists demand over US $ 400,000 in ransom[/b]

[b]Kathmandu, 08 November, (Asiantribune.com): [/b]Over a week after Maoists abducted Arun Chand, son of Nepal's former prime minister Lokendra Bahadur chand, they have said that they would release him if they are paid ransom sum of Rs 30 million (US $ 416,000).

Former Prime Minister Chand has agreed to pay the ransom to release his son.

According to reports, Maoists set the ransom amount for the release during talks Monday with journalists and rights activists who have reached Kailali district in far-western Nepal. Maoists abducted Chand, 35, the managing director of Basuling Sagar Mills in the district, from the mill area.

Rights workers, including those from the regional branch of National Human Rights Commission fruitlessly urged the captors for over an hour for Chand's unconditional release. They held talks with a Maoist regional leader who goes by the nom de guerre Atom. Contrary to eyewitness accounts, the rebels have claimed that Chand was handed over to them by the locals.

http://www.asiantribune.com/show_news.php?id=16065

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