Sharma out on Rs4.5m bailSuspended former director general of Inland Revenue Department Chudamani Sharma was released on Sunday after he posted Rs4.5 million in bail.
Suspended former director general of Inland Revenue Department Chudamani Sharma was released on Sunday after he posted Rs4.5 million in bail.
He is facing a graft charge at the Special Court for amassing disproportionate property amounting to Rs42.95 million.
The Commission for Investigation of Abuse of Authority (CIAA) filed the case against Sharma for the second time on January 29. The CIAA, in its charge-sheet, has stated that Sharma amassed property disproportionate to his known sources of income. The CIAA probe has found the legal sources of properties worth only Rs 36.37 million owned by Sharma.
Following the hearing on Sunday, the court asked him to post the bail amount of Rs4.5 million. He soon deposited the amount at Nepal Investment Bank. A bench of Dwarikaman Joshi and Chandi Raj Dhakal ordered his release on bail.
The case was filed against his wife Kalpana but she was not present in court on Sunday.
Sharma has claimed that a big chunk of his property came from the sales of his books to government jobs aspirants and taking coaching classes. Sources, however, claim Sharma has hidden some of his earnings with relatives and his acquaintances.
Earlier in July 2017, in one of the largest ever corruption cases, the CIAA had charged Sharma and two other members of the Tax Settlement Commission (TSC)—Lumba Dhwoj Mahat and Umesh Dhakal—with embezzling revenues worth Rs10.02 billion each while exempting enterprises of taxes in dubious ways. The case is pending at the Special Court.