Wednesday, January 15th, 2025

Polymer banknote case: Three including former governor Rawal acquitted


14 July 2020  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: Three including the then Governor of Nepal Rastra Bank (NRB) Tilak Bahadur Rawal, accused of corruption in the polymer banknote printing case, have been acquitted.

A full bench of the Special Court on Tuesday cleared Rawal, Upendra Keshari Poudel, Head of the Nepal Rastra Bank’s Note Department and Himalaya Bahadur Pandey of May Flower Limited, the local representative of the agent responsible for printing the polymer banknote, of the charges.

A full bench of Special Court Chairperson Shivraj Adhikari and Judges Balendra Rupakheti and Shantisingh Thapa made the verdict.

The court acquitted them on the grounds that they were not directly involved in the case and the case lacked credible evidence.

Publish Date : 14 July 2020 20:55 PM

Rabi Lamichhane released on Rs 6 million bail in Swarnalaxmi Cooperative case

KATHMANDU: The Kathmandu District Court has ordered the release of

Advocate Tripathi assaulted by Rabi Lamichhane’s supporters at court premises

KATHMANDU: Advocate Dinesh Tripathi was assaulted by supporters of Rastriya

Foreign investment in Nepal declines in first half of fiscal year

KATHMANDU: Nepal has witnessed a decline in foreign investment commitments

PM highlights importance of effective earthquake preparedness

KIRTIPUR: Prime Minister KP Sharma Oli has stressed the need

Over 66,000 left Nepal permanently in 2024

KATHMANDU: According to the Department of Immigration, 66,831 Nepalis left