Fugitive Godman & Rape-Accused Nithyananda Sets Up Reserve Bank Of Kailasa, To Launch Currency

Self-styled godman and rape-accused Nithyanand who fled the country dodging the security agencies has now reportedly set up Reserve Bank of Kailasa, in Kailasa, an island nation he founded recently.

In his latest video, the fugitive godman announced that he has set up a Bank of Kailasa and the currency will be announced on 22 August, on the occasion of Ganesh Chaturthi.

In a video, Nithyananda announced that the bank and its economic policies are ready.

Reserve Bank of Kailasa: Fugitive Nithyananda sets up his own bank, to unveil currency on August 22 | Catch the day's #news #updates here: https://t.co/K92SREWk6W pic.twitter.com/3VN3RJVws2

¡ª Economic Times (@EconomicTimes) August 17, 2020

The self-styled godman can be heard saying, "With the grace of Ganpati, we are going to be revealing all the absolute, complete details of the Reserve Bank of Kailasa and the currencies, it's all ready. "

Twitter

Nithyananda has so far missed close to 50 court hearings and can be seen rejoicing in the video as he makes the announcement. He also said that a 300-page document regarding the economic policy, exchange of currency and its use is ready.

The godman adds that he has signed an MoU with a country that has agreed to host the Reserve Bank of Kailasa and that the establishment is legal. The rape accused added, "The Reserve Bank of Kailasa in legitimately already established."

Nithyananda was accused of rape in 2010 and was granted bail. The bail was later cancelled in February this year. He is also accused of illegally confining children at his Gujarat ashram.