The fugitive Baba Nityananda has launched his central bank and its currency on Saturday. The name of this bank is Reserve Bank of Kailasa, which will be in Baba’s own declared country Kailasa. At the same time, agencies of the Government of India are searching for Baba. Earlier in an online video, rapist Baba Nityananda announced that he will officially launch his Reserve Bank of Kailasa currency on the occasion of Ganesh Chaturthi on 22 August.
Nityananda had told that a Memorandum of Understanding (MoU) has also been signed with a country. Nityananda said in his viral video that all the work of his central bank is valid and the economic policy of his Reserve Bank of Kailasa has been prepared.
Nityananda said in the video that the entire economy and economic policy, which is a 300-page document, is fully designed and ready with currency, economic strategy and how they will use internal currency and exchange external world currency, all valid. As will. He said the MoU has been signed with the country hosting their Reserve Bank and everything will be done legally.