Thursday, August 11, 2005

Special court demands Rs 7m bail from banker
Kathmandu, Aug 11: The Special Court (SC) Wednesday demanded a bail amount of Rs 7 million from the then manager at the Biratnagar Branch of Rastria Banijya Bank Radha Prasad Shah in connection to a corruption case.The Commission for the Investigation of the Abuse of the Authority (CIAA) had filed cases at the SC against Shah including Mangaturam Group on charges of misusing Rs 1.37 billion by issuing and taking loans illegally.Shah, who went at large when the commission filed a case against him has finally reported to the court, the sources said.

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