Match-fixing in Securities Board again! Only 47 selected without disclosure of names

english.insurancekhabar.com · 6 days ago

The selection process for the chairman of the Securities Board of Nepal (SEBON) is facing controversy, with allegations of match-fixing and nepotism. Sources suggest that the government, led by Balendra Shah of the Rastriya Swatantra Party, may appoint its own people, similar to previous governments. Dr. Gunakar Bhatta resigned from the selection committee, citing a conflict of interest in selecting his brother, Dr. Gopal Bhatta, for the chairman position. The committee has shortlisted four candidates, including two former executive directors from the central bank, raising concerns about their suitability and vision for the crisis-ridden capital market.