Special Court to Hear Corruption Case Against Former Security Printing Center Chief Bikal Paudel
Summary
The Special Court in Kathmandu has scheduled a hearing on the corruption case against former Security Printing Center Executive Director Bikal Paudel, accused of illegal wealth accumulation and hiding assets abroad.
Key Points
- The Special Court is set to hear the corruption case against former Security Printing Center chief Bikal Paudel.
- The Commission for the Investigation of Abuse of Authority (CIAA) filed the case alleging illegal assets worth over 621 million rupees.
- Paudel is accused of hiding funds in Singapore and the United States under his wife's name and accepting bribes from suppliers.
- The CIAA has demanded asset forfeiture of hidden assets, including foreign bank accounts and properties.
- Only 445.2 million rupees out of 621.9 million rupees embezzled were recovered; 176.6 million rupees remain hidden.