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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2615

Apex court gives Nepal's former governor clean chit

Kosh R. Koirala - Reporting from Nepal

Kathmandu, 16 July, ( Nepal's Supreme Court cleared then governor of Nepal Rastra Bank (NRB), the central bank in the country, in a corruption charge.

The apex court announced its verdict on Wednesday on a case filed in June 2007 by the Commission for Investigation of Abuse of Authority (CIAA) alleging Bhattarai of irregularities worth NRs 195 million in the financial sector reform program funded by the World Bank.

A joint bench of justices Khil Raj Regmi and Prem Sharma also gave clean chit to co-accused then director of the bank Surendra Pradhan.

A case against the duo was filed on Special Court on June 29, 2007. The case was later forwarded to the apex court after the Special Court failed to give a clear verdict.

Governor Bhattarai was suspended from his post after the anti-graft body dragged him to the court.

With the verdict of the apex country, Bhattarai is technically reinstated in the post of governor of the country.

It is still unclear whether government will replace Bhattarai with the incumbent governor Dipendra Bahadur Chhettri, an appointee of the erstwhile Maoist-led government.

Talking to media person, Bhattarai said, "This is the victory of my honesty and Nepal Rastra Bank."

"I had never done any works that were against national interests. I will now continue my duty with total honesty," he further said.

- Asian Tribune -

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