India

Nepal’s central bank governor suspended

The Nepal government suspended the country’s central bank governor, Maha Prasad Adhikari, amid his purported disagreements with Finance Miner Janardan Sharma.
The decision was taken at a Cabinet meeting, in which nominees for 20 ambassadorial positions were also decided.
A Cabinet source said Adhikari’s suspension came in the wake of his refusal to release 400 million Nepali rupees, routed through the US, to a businessman and suspect in a money laundering case, despite the Finance Miner’s instructions. Deputy governor Neelam Dhungana was designated as acting governor.
The nominees for ambassadors to 20 countries include Mao leader Bishnu Pukar Shrestha, who has been picked as envoy to China. The ambassadorial positions will need parliamentary approval before they are finalised.

Related Articles

Back to top button