Court Orders Retrieval of Evidence in Corruption Case Against Former Security Printing Center Executive Director
Kathmandu. An order has been issued to summon evidence in the corruption case filed against the former Executive Director of the Security Printing Center, Bikal Poudel, concerning illegal asset acquisition.
The bench comprising Special Court judges Narayan Prasad Poudel and Bidur Koirala issued the order to retrieve the documentary evidence from the Commission for the Investigation of Abuse of Authority (CIAA).
The CIAA had accused Poudel of illegally acquiring assets amounting to NPR 621,918,684.29. The CIAA filed the case against Poudel, alleging that he concealed funds in Singapore and the United States under his wife Elina Basnet's name, leading to the charge of illegal asset acquisition totaling NPR 620 million.
The CIAA claims that Poudel received commissions from suppliers, and this amount was channeled through various individuals. While the investigation revealed that Bikal Poudel engaged in corruption amounting to NPR 621.9 million, only NPR 445.2 million was found during the search. Therefore, the CIAA has demanded the confiscation of assets equivalent to the hidden amount of NPR 176.6 million.
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