Friday, June 29, 2007

CIAA files case against NRB governor, executive director
The Commission for Investigation of Abuse of Authority (CIAA) on Friday filed a corruption case at the Special Court against Nepal Rastra Bank (NRB) Governor Bijaya Nath Bhattarai and Executive Director of the NRB's Financial Institutions Regulation Department Surendra Man Pradhan.
The CIAA has alleged Governor Bhattrai and Pradhan of misusing over Rs 195 million received as foreign aid for financial sector reform programme.

As directed by the anti-graft body, the police arrested Pradhan and presented before the Special Court today. The CIAA charge-sheet mentions Bhattarai has been avoiding arrest. The Special Court has ordered Pradhan to appear before the court on Sunday.
The CIAA is also investigating another case of Bhattarai for misusing the national treasury during the Jana Aandolan II. Rayamajhi commission recommended action against Bhattarai for misuse of national treasury. The government had earlier barred him from flying to Bangladesh.
The CIAA has demanded Rs 25 million penalty from the two accused and two years jail term to each of them.

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