NRB to file case in US court to revoke its earlier decision

The Nepal Rastra Bank (NRB) board on Thursday decided to file a case in the US District Court for Southern District of New York, seeking an order to revoke its earlier decision,” said an NRB board member.

The earlier decision of the court was to debit US $ 1 million from NRB’s account to Standard Chartered Bank’s New York branch when Ashim Khatri Chhetri, chairman Tarala International filed case at the court after the government froze US$ 1 million sent by Tarala to Chinese national Wu Lixiang—reportedly its agent—on suspicion of money laundering.

The NRB has already sent documents required for filing the case to the law firm chosen by Chhetri and Associates, according to NRB source.

Tarala has not withdrawn the amount from the bank yet, it is only debited from NRB’s account to another account only. So, the central bank seeks to get back the debited amount through legal measures, said a senior NRB official.



Nepali Movie – Nishana (2010)

Nepali movie NishanaNepali Movie – Nishana (2010)
Starring: Rajesh Hamal, Nikhil Upreti, Dilip Rayamajhi, Nandita KC, Sunil Dutta, Bipana Thapa, Rejina Upreti Jaya Kishan Basnet, Ravi Dangol, Nirmal Sharma etc.
Director: Suresh Darpan Pokharel

The movie ‘Nishana’ is a Nikhil Upreti production. The comedy love story movie featured a lot of well known actors including Rajesh, Nikhil, Dilip and other.
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FM Adhikari in spot over Finance Secy Khanal’s resignation and Adhikari defies PAC Cal

Finance Minister (FM) Bharat Mohan Adhikari did not attend the meeting of the Public Accounts Committee (PAC) that was scheduled to discuss Finance Secretary Rameshwor Khanal’s resignation scandal on March 31. The PAC meet was rescheduled for today. FM Adhikari informed the PAC of his inability to attend the meeting due to tight work schedule yesterday, sources confirmed.
It is learnt that yesterday, Adhikari was in a discussion with UCPN (Maoist) Chairman Pushpa Kamal Dahal at the time when the PAC meet has summoned.
The PAC had summoned FM Adhikari, along with Chief Secretary Madhav Ghimire and Revenue Secretary Baskota, for information on Khanal’s recent resignation on Wednesday.
Khanal tendered his resignation on March 29 following serious differences with Finance Minister Adhikari over various issues including the VAT bill and transfers of ministry officials. It is learnt that Khanal’s ideas of taking action against people using fake bills, supplementary budget, and declaration of emergency of energy clashed with the ideas of Prime Minister Jhalanath Khanal and Finance Minister Bharat Mohan Adhikari.
On the protest of Khanal’s resignation, Government officials of Finance Ministry, Custom Office and Custom Duty observed pen-down on March 30. Civil Servants Union (CSU) has demanded that Secretary Khanal should be reinstated and a favourable working environment should be created.
Speaking at a program organized by the Reporter’s Club in the Capital, CSU Chairman Subodh Kumar Devkota said, “Secretary Khanal’s resignation was a result of political pressure. The present government is trying to support corruption.”
The issue of Khanal’s resignation also engaged the parliament and cabinet on March 30. Maoist minister Krishna Bahadur Mahara expressed dissatisfaction over FM Adhikari’s performance, which made the top bureaucrat take an upsetting decision. The main opposition Nepali Congress also expressed anger with the government for compelling a ‘good’ administrator to step down, the sources said