FREEFALL

FREE FALL OF NEPALI RUPEE CONTINUES

Kathmandu, 9 July” Nepal Rashtra Bank fixed Tuesday’s exchange race

at Rs.98 per dollar as the free fall of the Nepali rupee continues.

The Nepali legal tender devaluation continues as the dollar gains against

the Indian rupee.

The exchange rate of the Nepali rupee against convertible is fixed every day by the cetra; bank while the exchange rate against the Indian rupee is fixed.

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NC DISCUSSES ELECTIONS AND MANIFESTO

Kathmandu, 9 July:  Even in the absence of President Sushil Koirala, Nepali Congress (NC) office-bearers and senior leaders held consultations Monday on

party strategy manifesto for the 19 November constituent assembly (CA)

elections.

Koirala is expected to return Friday from USA where he had gone for a

medical check-up.

The meeting discussed a constitution, federalism forms of governance,

and related subjects.

In the absence of Koirala,, Officiating  President Ram Chandra Paudel

convened the meeting.

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SC ANNULS BHATTARAI GOVT. DECISION TO WITHDRAW CRIMINAL CASE INVOLVING MAOISTS

Kathmandu, 9 July: The Supreme Court (SC) has annulled the Baburam Bhattarai-led government´s decision to withdraw criminal case against attackers of UCPN (Maoist) trade union chief Shalikram Jammakattel, Republica reports.. A division bench of Justices Kalyan Shrestha and Bharat Bahadur Karki on Monday said that such decision cannot be taken by going against apex court precedents. Earlier, a division bench of Justices Shrestha and Girish Chandra Lal on January 1 had decided to give continuity to the apex court´s earlier decision to stay the government decision, stating that the latter cannot withdraw criminal cases against absconding convicts. A single bench of former Justice Tahir Ali Ansari on September 19, 2012 had stayed then government´s decision to withdraw the criminal case and had also ordered the government not to proceed with the decision until the apex court´s final verdict. In a written reply to SC on October 10, 2012, Bhattarai had stated that his government "withdrew criminal case against the attackers of Jammakattel mainly because it was political in nature." Jammakattel on September 16, 2012 had moved the apex court challenging the government´s decision. A cabinet meeting held on July 17, 2012 had decided to withdraw case against five attackers of Jammakattel. Jammakattel was attacked in the capital on August 27, 2011.
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