KATHMANDU: The Commission for the Investigation of Abuse of Authority (CIAA) has filed another case against Bikal Paudel, the former executive director of the Security Printing Press.
The CIAA has claimed a misappropriation of Rs 621.9 million against Paudel, accusing him of illegally amassing wealth.
It was found that Paudel had deposited Rs 289.57 million in the United Overseas Bank in Singapore and the Bank of America in the United States.
Additionally, the Commission’s investigation revealed that Paudel had accepted commissions from various suppliers and deposited the money into foreign bank accounts.
Besides, Rs 621.9 million in Paudel’s name could not be traced back to any legitimate source, leading to the charges of illicit wealth accumulation.
The CIAA has also implicated Paudel’s wife Elina Basnet, his father Dharmaprasad Sharma Paudel, and his mother Sheetal Paudel.
The anti-graft body has accused Paudel’s parents and wife of purchasing cash, goods, vehicles, and real estate in their names.
CIAA spokesperson Narahari Ghimire stated that the Commission has conducted a thorough investigation and is seeking appropriate legal action and imprisonment in accordance with the misappropriated amount.
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