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CIAA asks Rastriya Beema Sansthan to recover perks given to staff | Nepali Economy
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CIAA asks Rastriya Beema Sansthan to recover perks given to staff

The anti-graft body has asked Rastriya Beema Sansthan to recover Rs 80.35 million perks and and benefits awarded to its staffers illegally.

Commission for Investigation of Abuse of Authority (CIAA) today directed Rastriya Beema Sansthan – for the second time in last eight months – to recover perks and benefit distributed as prize allowance. Earlier, in 2008 too, the anti-graft body had directed the insurance company to recover the perks and benefit distributed to its staff illegally. The insurance company had distributed millions to its staffers illegally as ‘prize allowance’ from 1996 to 2007.

“The insurance company’s administrator has been asked to recover the asset within the next six months and report to the CIAA on a monthly basis,” said CIAA spokesperson Shreedhar Sapkota.

The anti-graft body today summoned top brass of Rastriya Beema Sansthan as they failed to implement the earlier diktat.

However, the insurance company’s administrator Ram Bahadur Khadka said that he would implement the directive as per the instruction of Finance Ministry.

The earlier directive could not be implemented because of agreement with the insurance sector regulator, he said, blaming Insurance Board (IB) for delay in investigation of financial irregularities. The CIAA had directed the board to probe irregularities in Rastriya Beema Sansthan.

The employees’ unions at the insurance company, however, claimed that they received the allowance as per Cabinet decision of late Manamohan Adhikari-led government in 1994.