UNITED DEVELOPMENT BANK BEING LIQUIDATED

UNITED DEVELOPMENT BANK BEING LIQUIDATED

Kathmandu, 29 March: A board of the Nepal Rashtra Bank (NRB)decided unanimously to send troubled United Development Bank (UDB) into liquidation.
liquidate
The move follows liquidation of Nepal Development Bank and Samjhana Finance Company.
The board decided continued development bank operation would harm
interest of depositors.
The cenral bank is preparing legal papers for the liquidation of UDB.
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MEDIA GOOGLE

"It won´t be fair if I said there have been no political intervention in my
tenure. New force can bargain with establishment during the elections of national associations and inclusion of few party cadres will not harm much.
“The current Sports Development Act provides unlimited power to a member secretary. If I had to interfere on sports associations for the benefit of my party UCPN (Maoist), none of the sports association would have been spared.
"We want central leaders from all political parties to come forward and take responsibilities of sports associations. If it happens, it will promote political advocacy for sports sector."

(Maoist appointed member secretary Yubaraj Lama of National Sports Council, Republica, 29 March)
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SHAKTI GAUCHAN GETS A CALL TO JOIN RAJASTHAN ROYALS CAMP FOR IPL
Kathmandu, 29 March : Indian Premier League (IPL) team Rajasthan Royals called up Nepali spinner Shakti Gauchan for trial on Wednesday, Nabin Khatiwada writes in Rebublica..

Gauchan will fly to the Indian city of Nagpur on Thursday. Rajasthan Royals, looked after by Australian spin great Shane Warne as mentor, has been busy in its last training camp before the IPL in Nagpur.

"Our national team coach Pubudu Dassanayake took the initiative and after several correspondences with the Rajasthan Royals officials, he asked me to go Nagpur," said Gauchan.

Coach Dassanayake has sent an email to Cricket Association of Nepal (CAN) General Secretary Ashok Nath Pyakurel informing about the opportunity given to Gauchan.
"This could be a great experience for Shakti (Gauchan)," Dassanayake wrote to Pyakurel.

CAN will bear all the travel expenses while Rajasthan Royals will make accommodation arrangements for Gauchan during the trial period.

According to Gauchan, Rajasthan Royals Assistant Manager Romi Bhinder has informed Dassanayake that the team will try to accommodate the Nepali spinner.
"This is a happy moment for me. It is a great opportunity for me and I´ll give everything to get into the team," said Gauchan. "All this has become possible because of the initiative taken by Pubudu sir (Dassanayake)," he added.

Meanwhile, Nepali Captain Paras Khadka described it as a great opportunity for a Nepali player. "It is a great opportunity for a Nepali player. We, teammates, are just keeping our fingers crossed for his success. Trial, itself, is an opportunity," he added.

The famous cricket website ESPNcricinfo has nominated Gauchan, along with captain Khadka, in its list of the best XI of the World T20 Qualifiers that recently concluded in the UAE.

Gauchan had claimed 16 wickets during the tournament. Cricinfo has described Gauchan as the chief exponent of Nepali bowling attack.
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