npl977 >
NE
Government / Politics
The Rising Nepal | Nepal's First English Broadsheet Daily. Khabarhub clickmandu
4 sources · 4 articles
Started 1 week ago · Updated 1 week ago

MP Jhakri Accuses Government of Intimidating Private Sector by Arresting Bank CEO

Photo · english.ratopati.com

CPN (UML) MP Ram Kumari Jhakri has accused the government of intimidating the private sector by arresting Nepal Investment Mega Bank CEO Jyoti Prakash Pandey without cause. Speaking at a National Assembly meeting, Jhakri stated the arrest was illegal and against the spirit of banking law regarding rescheduled assets and liquidations. She condemned the government's actions as terrorizing the private sector in the name of good governance.

  • Jhakri argued that arresting a bank CEO based on property ownership questions, especially when assets are already under government control, is illegal.
  • She warned the government to consider the spirit of banking and prevailing law before taking action.
  • The MP asserted that ruling by terror will eventually pass and urged the government to pay attention to this.
  • Jhakri stated that the arrest was made without understanding the prevailing law and the spirit of the banking system concerning rescheduled assets and liquidations.

Timeline (4)

Share ↗
Related
Nepal Telecommunications Authority National Assembly Nepal Investment Mega Bank Jyoti Prakash Pandey Ram Kumari Jhakri

More in Politics

See all ›
Human Rights Commission Recommends Action Against Former PM Oli for Violations Human Rights Commission Recommends Action Against Former PM Oli for Violations

The National Human Rights Commission has recommended legal action and new legislation against former Prime Minister KP Sharma Oli, former Home Minister Ramesh Lekhak, and former Communication Minister Prithvisubba Gurung for human rights violations during the Gen-Z youth protest. The commission's investigation confirmed excessive force by state mechanisms and recommended barring officials found responsible from future government service.

5 articles · 1 hour ago
Foreign Minister Khanal Meets Estonian Ambassador, Discusses Bilateral Cooperation Foreign Minister Khanal Meets Estonian Ambassador, Discusses Bilateral Cooperation

Foreign Affairs Minister Shisir Khanal met with Marje Luup, the Non-Resident Ambassador of Estonia to Nepal, on May 27, 2026, for a farewell call. During the meeting, Minister Khanal thanked the ambassador for her contributions to strengthening Nepal-Estonia relations and conveyed best wishes for her future endeavors.

4 articles · 1 hour ago
Bagmati Province Government Tables Policy and Programs for Fiscal Year 2026/27 Bagmati Province Government Tables Policy and Programs for Fiscal Year 2026/27

The Bagmati Province government has presented its policy and programs for the upcoming fiscal year 2026/27, focusing on improving good governance, enhancing service delivery, and promoting production growth and employment. Province Chief Deepak Prasad Devkota tabled the agenda in the Bagmati Province Assembly, outlining a plan to strengthen transparency, accountability, and public administration.

5 articles · 1 hour ago