Friday, July 22, 2005


RCCC Slaps Jail Term on CIT Director

Kathmandu, July 22-The Royal Commission for Corruption Control (RCCC) today slapped a two-month jail term on Nandan Hari Sharma, executive director of Civil Investment Trust (CIT), for "allocating loan to a private company" without following proper procedures and investigation.The commission also slapped a jail term of one month to Sushil Aryal, senior official at CIT, for what the commission said "his involvement" in the loan process.The bench also slapped a jail term of one month to Nisha Thapa, receipient of the loan of Rs 49,620,000 from the CIT. The RCCC bench convicted her of keeping the same land as collateral in three different financial institutions, including the CIT.Thapa denied any irregularity in the whole loan-taking process.Sharma said he accepted the jail term as a "prize" for his honesty in the service life. "If corruption can be rooted out by sending a person like me to jail, I am glad to face it," he told reporters. Sharma tried to prove his innocence saying that the CIT board had made the decision in his absence.The hearing on the Melamchi Drinking Water Project (MDWP) has been scheduled for Sunday after the defending lawyers demanded that they be allowed to question all the three senior government engineers "according to the judicial practice".

Back to Home

No comments: