Print Edition - 2014-05-31 | MONEY
CIAA chargesheets 20 NOC employees
- Illegal bonus distribution
May 30, 2014-
The Commission for Investigation of Abuse of Authority (CIAA) on Friday filed chargesheets in the Special Court against 20 officials of Nepal Oil Corporation (NOC), including officiating managing director Sagar Satyal, in a corruption case related to bonus distribution in violation of the government orders. Of the 20 accused, 10 are incumbent NOC staffers.
The anti-graft body has sought a combined Rs 17.25 million in penalties against the individuals.
In the chargesheet, the CIAA has named Director Nagendra Sah, Deputy Directors Sharad Prasad Paudel and Shusil Bhattarai, and Managers Netra Prasad Kafle, Baburam Rai and Kamal Prasad Sharma. Other officials include Deputy Manager Nawa Binod Pokhrel, Assistant Manager Pradipman Basi and Executive Devi Prasad Neupane.
Former acting Managing Directors Suresh Kumar Agrawal and Shiva Prasad Pudasaini; former Deputy Managing Director Jay Raj Acharya; former Acting Deputy Managing Director Mukunda Prasad Dhungel; former Directors Bhuvaneshwor Rajbhandari, Ramesh Chandra Koirala and Mohan Kumar Karki; Managers Kumar Bikram Karki, Subash Chandra Dahal; and a former staff Shiva Prasad Adhikari, are among others facing the CIAA action. They have been chargesheeted for offences under the provisions of
the Prevention of Corruption Act 2002 under the Article 17 and 18, the CIAA said in a statement.
As per the Article 18, “for exerting illegal pressures to commit any offence, he/she shall be liable to a punishment of imprisonment for a term from four to eight years”. However, as NOC staffers immediately returned the bonus amount last year, the CIAA only slapped the penalty. On September last year, the anti-graft body had arrested Agrawal, Sah, Kafle and Sharma, for illegally paying bonuses. However, they were released after they assured the CIAA that the staffers would pay back the bonus amount with interest.
During a CIAA investigation, Agrawal had said he was forced to distribute the bonus under employees’ pressure.
In August 2010, NOC had decided to distribute Rs 198.8 million in bonus to its employees from its profit of Rs 3.31 billion for the fiscal year 2008-09. At that time, the bonus amount was equivalent 17 months’ salaries.
However, the CIAA had then intervened and said the Act did not allow bonus distribution in institutions that were facing huge debt and massive cumulative loss. The CIAA had said the NOC could not distribute bonus as its debt stood at Rs 11.44 billion as on 2008-09.
However, defying the orders, the NOC again in September last year, distributed Rs 17.28 million in bonuses to its staff. The CIAA concluded the unlawful distribution of bonus made the NOC suffer a loss of 17.2 million.
Published: 31-05-2014 09:27