Friday, September 30, 2005

CIAA charge-sheets nine ADB officials

Kathmandu, Sep 30: The Commission for the Investigation of Abuse of Authority (CIAA) filed two separate corruption cases in the Special Court . a charge-sheet against nine persons including four then officials at the Central Office of the Agricultural Development Bank in connection with alleged irregularities while issuing loans.

The Commission has accused them of indulging in corruption with mal-intention and illegal agreement between bank staffs and vehicle suppliers.

Those charge-sheeted include then acting general manager Jalan Kumar Sharma, deputy manager Ramchandra Maharjan, departmental head Bharat Kumar Pokhrel and section officer Gopal Prasad Ghimire.

Other defenders on the case include vehicle supplier Jagannath Prasad Sonar of Kathmandu Tuk Tuk Pvt Ltd., Saroj Sarraf, Rabindra Kumar Saraf, Anita Saraf and Kosila Sonarin of Anita Electrical and Mechanic Pvt. Ltd.

The Commission has claimed that the transaction of Rs 101.3 million between the suppliers and the bank officials had caused a loss of Rs. 118.5 million to the bank.

The commission said that the officials had made arrangement to supply the vehicles from different unauthorized companies owned by members of the same family. The officials had also violated the provisions related to hire-purchase loan procedure while issuing the loan.

The commission has also claimed to recoup the loss amount from the bank officials and the suppliers.

No comments: