Maha Prasad Adhikari, the Governor of Nepal Rastra Bank (NRB), has been suspended by the government.
According to a Finance Ministry source, the acting governor is Deputy Governor Neelam Dhungana.
On Friday, a letter of suspension was delivered to Governor Maha Prasad Adhikari. Govinda Pariyar, the Prime Minister’s Press Advisor, confirmed the governor’s suspension.
In the cabinet meeting on Thursday, questions were raised about Governor Maha Prasad Adhikari’s behavior, according to a minister. The governor is accused of leaking information about a Finance Ministry directive prohibiting the import of luxury goods.
In addition, an unofficial panel of ministers was formed to investigate the allegations leveled against Adhikari.
Home Minister Bal Krishna Khand, Finance Minister Janadarna Sharma, Communications and Information Technology Minister Gyanendra Bahadur Karki, Energy Minister Pampha Bhusal, Health Minister Birodh Khatiwada, and Federal Affairs Minister Rajendra Shrestha were among the unofficial team members.
Meanwhile, a three-member panel led by former judge Purushotam Bhandari has been tasked with investigating Governor Adhikari’s allegations and submitting a report within a month.
Since Sharma’s appointment, he and Governor Maha Prasad Adhikari have had a strained relationship. In addition, a delegation of private-sector businessmen had drawn Prime Minister Sher Bahadur Deuba‘s attention to the current financial crisis and blamed the governor for it.