1 February, 2011. Dharamsala
We would like to categorically state again that the allegations being levelled against His Holiness the Karmapa and his administration are grossly speculative and without any foundation in the truth whatsoever.
We can confirm that under 5 Crores (USD 1 million) was taken by the authorities from the Monastery. This sum represents unsolicited donations that have been made by the followers of His Holiness the Karmapa from around the world to enable the substantial social and spiritual programmes of the Karma Kagyu order. Our administration has sought to acquire clearance since 2002 to deposit cash donations under the Foreign Currencies Regulation Act of India. Until the necessary permissions are granted, the Monastery diligently recorded and stored the currency on its own premises. We are currently in the process of providing this evidence to the authorities.
As for the Chinese currency, we would like Read the rest of this article