The ex-king's speech were his first comments since a special elected assembly voted to abolish the monarchy and declare the Himalayan Kingdom a federal republic on May 28, ending 239-years of monarch rule. King Gyanendra was subsequently ordered to vacate his palace and become an 'ordinary citizen.'
In his 13-minute speech the 60 year-old ousted king said he recognized the decision of the constitutional court to scrap the monarchy, and made an appeal to the Nepalese people to cooperate "in the name of peace, progress and stability," of the Himalayan state.
Before his departure Gyanendra handed over the symbols of monarchy, the scepter and crown, to the government. The palace, crown jewels and other royal assets will be nationalized and become part of a museum.
"All the property I have, is here, in Nepal," Gyanendra, who made a fortune in the tea trade and hotel business, said.
The deposed king along with his wife Komal, the former queen, will now move to one of his former homes in the northwestern suburb of Kathmandu. The government will continue to provide the ex-monarch with security and he will guarded by 50 armed police officers and 25 military personnel.
Gyanendra came to power in 2001 after his brother, King Birendra, and eight other family members were brutally massacred by Crown Prince Dipendra, who then shot himself.
