August 13, 2026, Thursday
English

Oli government is preparing to cancel the controversial political appointment saying that the appointment was made by taking bribe

Main News Image

Kathmandu. The government led by Prime Minister Shusila Karki has prepared to cancel the controversial political appointments. The government, which recalled the ambassadors of 11 countries just a few days ago, is now going to cancel the political appointments given to important bodies. Former Prime Minister KP Sharma Oli has been heavily criticized for appointing important positions only after receiving bribes. 

The appointment of the chairman of the Securities Board is the most controversial appointment made by Oli. It is alleged that 5 billion rupees was manipulated in this appointment. A complaint has also been filed against Prime Minister Oli in the Commission for Investigation of Abuse of Authority, saying that there was a manipulation of 5 billion in the process of appointing the chairman of the board.

Nepal IPPAN, an organization of independent power producers, is publicly accusing Securities Board Chairman Sanetosh Narayan Shrestha of asking for bribe for IPO approval. Ippan has announced that he will go on strike saying that he cannot bribe Board Chairman Shrestha under any circumstances.
Oli, who is also the president of UML, has also been accused of taking 60 million rupees from a middleman to organize the 'KP Oli Cup' football tournament. Sources claim that during the appointment of the board chairman, he received a bribe of 60 million from an intermediary in the name of football.

Similarly, there is an allegation of rigging in the appointment of the Chairman of the Insurance Authority. Prime Minister Oli has also been accused of making a big deal in the selection of the executive director of Nepal Oil Corporation. It is alleged that he has acted as a middleman in the appointment of CEO of Nepal Stock Exchange Limited NEPSE.

mediabaaji add

Related News

Announcement of civil defense team to protest the arrest of Durga Prasai from today

Kathmandu. Controversial medical practitioner and royalist activist Durga Prasai has been arrested. In protest against Prasai's arrest, the Civil Defense Team under his tutelage has announced a street struggle from tod...

RSVP leader Jagdish Kharel withdraws candidature of General Minister

Kathmandu. Jagdish Kharel, the leader of Rashtriya Swatantra Party RSVP, has withdrawn his candidature for the post of General Minister of the party. Kharel, who submitted his claim for the post of General Minister after being elected as a central...

Let Democracy Day help achieve the national goal of prosperity: President Paudel

Kathmandu. President Ramchandra Paudel has expressed his hope that the Democracy Day will help in achieving the national goals of sustainable peace, good governance, development and prosperity. Expressing his greetings on the occasion of National...

5 MPs of Madhesh Pradesh Assembly discharged

Kathmandu. 5 members of the Madhesh Pradesh Assembly have been dismissed. Speaker Ramchandra Mandal dismissed 5 members of the Provincial Assembly for their absence in 10 consecutive meetings.

According to the letter released by the Madhes...

People's representatives are requested not to participate in election campaigning

Kathmandu. The Election Commission has requested the local people's representatives not to participate in the election campaign. The Commission has requested to maintain freedom, cleanliness, fairness, transparency, frugality and fear-free environ...

Demand to Arrest Deuba at the Airport, Gen Z to Gather at 11 AM

Kathmandu. Gen Z Movement Nepal has urged the government to take former Prime Minister Sher Bahadur Deuba into custody at the airport and initiate an impartial investigation against him. The Gen Z group has demanded an immediate investigation into...