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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has given one month’s time for the committee to complete the investigation.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had instructed the central bank to investigate Shrestha’s involvement in irregularities by abusing his power as the deputy governor of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has given one month’s time for the committee to complete the investigation.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had instructed the central bank to investigate Shrestha’s involvement in irregularities by abusing his power as the deputy governor of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has given one month’s time for the committee to complete the investigation.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
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November 5: A board meeting of Nepal Rastra Bank has formed a three-member probe committee to investigate into alleged irregularities against its deputy governor Shiva Raj Shrestha. With the formation of the committee on Monday (November 4), Shrestha has been automatically suspended from his post as per Article 22 of the Nepal Rastra Bank Act 2058.
The government had instructed the central bank to investigate Shrestha’s involvement in irregularities by abusing his power as the deputy governor of NRB.
The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.
The central bank has given one month’s time for the committee to complete the investigation.
Shrestha can be sacked from his post if the committee recommends his removal.
The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.
A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.
A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.
The probe committee is also preparing to take statements from other accused.
Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.
A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
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'title' => 'Probe Committee to Investigate Alleged Irregularities against Dy Governor of NRB',
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'summary' => 'November 5: A board meeting of Nepal Rastra Bank has formed a three-member probe committee to investigate into alleged irregularities against its deputy governor Shiva Raj Shrestha.',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">November 5: A board meeting of Nepal Rastra Bank has formed a three-member probe committee to investigate into alleged irregularities against its deputy governor Shiva Raj Shrestha. With the formation of the committee on Monday (November 4), Shrestha has been automatically suspended from his post as per Article 22 of the Nepal Rastra Bank Act 2058.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had instructed the central bank to investigate Shrestha’s involvement in irregularities by abusing his power as the deputy governor of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has given one month’s time for the committee to complete the investigation.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.</span></span></p>
<p> </p>
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'summary' => 'November 5: A board meeting of Nepal Rastra Bank has formed a three-member probe committee to investigate into alleged irregularities against its deputy governor Shiva Raj Shrestha.',
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had instructed the central bank to investigate Shrestha’s involvement in irregularities by abusing his power as the deputy governor of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is headed by Shreeram Poudel. Other members of the committee are Dr Subodh Kumar Karna and Ramji Regmi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has given one month’s time for the committee to complete the investigation.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha can be sacked from his post if the committee recommends his removal.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The first meeting of the committee on Monday itself decided to seek the details of charges against Shrestha from the Anti Money Laundering Department of NRB.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A member of the probe committee said that they decided to seek the details from the department as the letter sent to the central bank by the Ministry of Finance is not clear about the accusations against Shrestha.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A cabinet meeting on October 17 had decided to take action against Shestha as per the recommendation of the Anti Money Laundering Department.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The probe committee is also preparing to take statements from other accused.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Shrestha has been accused of favouring Ncell in a sub judice case at the Supreme Court and also of helping banks and financial institutions to conceal bad loans. He is also accused of presenting forged bills during his foreign official visits.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A source at the department said that Shrestha was against anti-money laundering. Amid these allegations, the department had written a letter to the government to take action against Shrestha.</span></span></p>
<p> </p>
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