Govt suspends Governor Maha Prasad Adhikari

Kathmandu: Nepal Rastra Bank Governor Maha Prasad Adhikari has been suspended.
According to the Nepal Rastra Bank Act, he was automatically suspended after the government formed an inquiry committee to expedite the process.

The question of the governor’s office was raised in the cabinet meeting held on Thursday. Discussions were held to form a committee to investigate the governor’s official allegation of leaking information before making a policy decision to stop the import of luxury goods.

Before forming the committee, Home Minister Bal Krishna Khanna, Finance Minister Janadarna Sharma, Communications Minister Gyanendra Bahadur Karki, Energy Minister Pampha Bhusal, Health Minister Birodh Khatiwada and Federal Affairs Minister Rajendra Shrestha were given the responsibility to do the homework.

After the homework of the same team, a three-member committee has been formed under the leadership of former Supreme Court Judge Purushotam Bhandari to investigate the governor’s office.

According to the Nepal Rastra Bank Act 2058, a committee should be formed to investigate before dismissing the governor. Article 22 of the NRB Act 2058 BS provides for the formation of an inquiry committee and its recommendation to dismiss the governor, deputy governor and directors of the NRB.