Supreme Court's interim stay on the government's decision to remove the age limit of 65 years for the governorship

Baishak 3, 2082

Kantipur Reporter

Supreme Court's interim stay on the government's decision to remove the age limit of 65 years for the governorship

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The Supreme Court has issued a short-term interim order to stop the implementation of the amendment made to the criteria to allow people over 65 years of age to be appointed to public bodies under the Ministry of Finance. The Supreme Court has called on Sunday for the discussion of the interim order on the petition filed against the revision of standards by the government.

While preparations were underway for the appointment of the governor of the National Bank, the Ministry of Finance had opened the way for the appointment of officials and members of public bodies affiliated to the Ministry of Finance with the second amendment 2073 (second amendment).

There are 15 institutions including the National Bank, the Securities Board, and the Insurance Authority under the Ministry of Finance. For the time being, the government was being criticized for revising the criteria targeting the appointment of the Governor of the National Bank.

Advocate Vishal Thapa filed a writ after the amendment of the provision that the executive head should be 30 years old and other officers and members should be 35 years old and not exceed 65 years of age. The bench of Supreme Court Justice Nityanand Pandey issued a short-term interim order on Tuesday.

A short-term interim order has been issued not to implement the revised standards for the time being. There is also an order to set a time to call the writ petitioner and the government next Sunday for the discussion of the interim order,'' said Achyut Kuinkel, spokesperson of the Supreme Court. 

The Ministry of Finance has been claiming that the law related to public bodies has been removed from the standard as there is no age limit. An official of the Ministry of Finance said, "The age limit has been removed from the criteria as there has been talk of going according to the provisions of the Act." The term of office of the then governor of Rashtra Bank Mahaprasad Adhikari has ended on March 24. 

The Council of Ministers formed a recommendation committee under the coordination of Deputy Prime Minister and Finance Minister Bishnu Paudel on March 11 to appoint a new governor. The committee has ex-governor Vijaynath Bhattarai and economist Vishwa Paudel as members. The committee has received the formal letter only on 17 March. The committee meeting has not been held even once. 

Governorship aspirants are running and 'lobbying' is going on. At the time of the appointment of the governor, after the age limit was removed by revising the criteria, it was assumed that the government is going to appoint a person who has completed 65 years of age as the governor. 

Rashtra Bank's Permanent Governor Neelam Dhungana, Deputy Governor Bam Bahadur Mishra, Executive Director Gunakar Bhatt and Prakash Kumar Shrestha, Rabindra Prasad Pandey, who retired as the executive director of Rashtra Bank and is now a director, are in the spotlight  There are

s. Similarly, former Chief Secretary Rajendra Kishore Chhetri, Gyanendra Dhungana, who recently resigned from Nabil Bank's Chief Executive Officer, and Ashok Sherchan, Chief Executive Officer of Prabhu Bank, are also seen as hopefuls. Due to the age limit of 58 years, Pandey retired from Rashtra Bank 14 years ago and Chhetri retired from Chief Secretary seven years ago.

There is a legal provision to appoint a new governor one month before the post of governor becomes vacant. In the National Bank Act, it is mentioned that the governor should have a high moral character, have work experience in economic, monetary, banking, finance, commerce, management, public administration, statistics, mathematics or law subject. There is a legal arrangement for the recommendation committee to recommend the names of three persons including one from the Deputy Governor and one of the eminent persons in the field of economic, monetary, banking, financial, commerce, management and commercial law. 

The top leaders of the ruling coalition are preparing to mix political  partnerships in the governorship by mixing it with other government appointments. Experts say that the economy will be in crisis if a weak leadership is elected.

They have asked the government to be serious in selecting the governor when the economy is unfavorable and Nepal is on the "gray-list" of FATF. Mentioning that the recent appointments made by the government have been accused of being dominated by interest groups and choosing controversial people, they emphasized not to repeat such a trend in the appointment of the governor.

Kantipur

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