Legal Development in Nepal

NRB Governor Case Hearing in Supreme Court

We are constantly following the corruption case of NRB Governor. We have a news today that SC has fixed the date for hearing on the case.
Here is a report by Kantipur and another report is here by Nepalnews.
The Supreme Court on Wednesday decided to hold a hearing on the corruption case against Governor of Nepal Rastra Bank (NRB) Bijaya Nath Bhattarai and another NRB official Surendra Man Pradhan, on March 11.
The apex court is going to take up the case after Special Court judges could not pass a unanimous verdict on the case on February 17. All three judges of the court had passed different verdicts on the case. Now, a single bench of the apex court will decide the case.

As ordered by the Special Court on February 17, Governor Bhattarai and Pradhan presented themselves in person before the apex court on Wednesday for a general date. The Commission for the Investigation of Abuse of Authority (CIAA) has accused Bhattarai and Pradhan of causing loss worth Rs 24.5 million to public property by not claiming compensation after terminating a consulting agreement unilaterally with KPMG, a Sri Lanka-based consulting firm.

 

 

And the Nepalnews Report:

The Supreme Court (SC) on Wednesday set March 11 as the date to conduct a hearing on charges of financial irregularities lodged against governor of Nepal Rastra Bank (NRB) Bijay Nath Bhattarai and director of the bank Surendra Man Pradhan.

Both Bhattarai and Pradhan had reached the Supreme Court as per the court’s summon orders.

After remaining pending at the special court for six months, the case had been referred to the apex court after three of the presiding judges of the special court gave three different verdicts on the case.

The case against governor Bhattarai, who remains suspended since last seven months after the Commission for Investigation of Abuse of Authority (CIAA) slapped him with charges of financial irregularities, has attracted even the attention of donors with some of them publicly expressing disenchantment over the delay in settling of such a ‘sensitive case involving the governor of the central bank.’

The Special Court had been pending its verdict on the case on various grounds for the last many months.

Bhattarai and Pradhan face charges of committing financial irregularities worth nearly Rs 20 million in a financial sector reform programme.

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  1. Pages tagged "legal" said, on February 28, 2008 at 4:20 pm

    […] tagged legalOwn a WordPress blog? Make monetization easier with the WP Affiliate Pro plugin. NRB Governor Case Hearing in Supreme Court saved by 5 others     ThePwnyExpress bookmarked on 02/28/08 | […]


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