TWO LAWMAKERS RELEASED, ARRESTED

BHARAT MOHAN ADHIKARI APPOINTED ACTING PRIME MINISTER.

Kathmandu, 6 May: Deputy Prime Minister Bharat Mohan Adhikari, who’s also finance minister, was designated acting prime minister Friday.
Prime Minister Jhalanath Khanal flew for Istanbul Friday night to lead a Nepali delegation to a conference of least developed countries.
The appointment confirms Adhikari from UML is the senior most of three deputy prime ministers in the Khanal government.
Krishna Bahadur Mahara from Maoists and Upendra Yadav from MJFN are the other deputy premiers.
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LAWMAKERS ARRESTED AFTER RELEASE

Kathmandu, 6 May: Lawmakers B.P. Yadav and Gayatri Debi Sah were released by Kathmadu district court on bail.
Charges of misuse of diplomatic passports were registered against them.
They were immediately arrested by Kathmandu district police and delivered to CIAA which is registering cases against additional cases against them at a special court Monday.
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MADHAV KUMAR NEPAL, PRESIDENT MEET

Kathmandu, 6 May: Former Prime Minsiter Minister and senior UML leader Madhav Kumar Nepal, a vehement critic of his successor Jhalanath Khanal, held discussions with President Dr. Ram Baran Yadav Friday.
The meeting comes immediately after a faction in the party led by him criticized Prime Minister Jhalanath Khanal for Wednesday’s delayed reshuffle and expansion of his government by delivering the home ministry to Maoists.
Deputy Prime Minister Krishna Bahadur Mahara is the new home minister.
Khanal was criticized in the party politburo for taking a personal decision ignoring an institutional directive not to handover the home ministry to Maoists until completion of the peace process.
Khanal flew for Istanbul Friday night.
He briefed President Dr. Ram Baran Yadav on his foreign trip.
Khanal will face charges against him at the central committee and politburo after he returns from Turkey.
The reshuffle has heightened rift in the UML leading the government besides creating political uncertainty and hence the importance of the Nepal/ president meet.
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OUTLETS OF NSM CLOSED

Kathmandu, 6 May: Outlets of Nepal Share Market and Finance Limited (NSM) were closed Friday after there was a run on the financial institution to withdraw deposits.
Nepal Rashtra Bank Thursday froze the bank accounts of
Chairman Yogendra Prasad Shrestha to investigate alleged irregularities involving two billion rupees.
The scam broke out after the central bank declared Gorkha Development Bank troubled.
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DEBENDRA JHA SACKED IN NEPAL ELECTRICITY AUTHORITY

Kathmandu, 6 May: Debendra Jha was sacked Friday by the cabinet as managing director of Nepal Electricity Authority.
Jha was appointed by the previous government of Madhav Kumar Nepal.
His replacement will be appointed though open competition in a rare move, Energy Minister Gokana Bista said.
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