Special Court Orders Release on Personal Bond in Pokhara Airport Corruption Case Involving Dr. Punyaraj Shakya
Summary
The Special Court ordered Dr. Punyaraj Shakya's release on personal bond in the corruption case involving cost inflation during the Pokhara Regional International Airport construction.
Key Points
- The Special Court ordered the release of Dr. Punyaraj Shakya on personal bond amid ongoing proceedings in a corruption case related to Pokhara Airport construction.
- Dr. Shakya claimed involvement only in technical and financial evaluations as a CAAN board member and denied personal benefit.
- The corruption allegations involve deliberate inflation of construction costs from US$169.697 million to US$244.040450 million in collusion with China CAMC Engineering Co. Ltd.
- The inflated cost allegedly caused an illegal loss of over NPR 8.3 billion to the public entity.
