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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">December 31: The government has reopened application for the post of chairman of Securities Board of Nepal (SEBON).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
<p> </p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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December 31: The government has reopened application for the post of chairman of Securities Board of Nepal (SEBON).
The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days.
As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance.
According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.
Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.
Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.
Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.
Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.
The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">December 31: The government has reopened application for the post of chairman of Securities Board of Nepal (SEBON).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the Securities Act 2063, qualified Nepali citizens with high moral character, at least a post graduate degree with 7 years of professional experience in securities market management, capital market development, finance, commerce, management or legal field can apply for the post.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The government had cancelled the previous selection committee and formed a new one, which issued a fresh notice seeking applications for the post of SEBON chairman within 15 days. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">As the appointment of chairman of the board will be done through open competition, eligible Nepalis will be able to apply for the post through the Financial Sector Management and Cooperation Coordination Division of the Ministry of Finance. </span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Earlier, a three-member selection committee was formed for the appointment of the chairman of the board on October 5 by a ministerial-level decision. However, a cabinet meeting held on November 29 decided to form another committee. The decision has courted controversy.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Vishwanath Poudel is the coordinator of the new selection committee. Secretary at Ministry of Finance Madhu Kumar Marasini and former chairman of Nepal Stock Exchange Jeevanath Dhital are the members of the selection committee formed under Poudel's coordination.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Executive Director of SEBON Neeraj Giri and Deputy Executive Director Dr. Navraj Adhikari, Former Chief Executive Officer of Nepal Stock Exchange Sitaram Thapaliya, Former Chairman of Insurance Board Chiranjeevi Chapagain, Former Executive Director of Nepal Rastra Bank Dr. Gopal Bhatt, former administrator of Employees’ Provident Fund Krishna Prasad Acharya had applied for the post of chairman of the board.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Likewise, Hemant Basyal, Keshav Prasad Shrestha, Anil Shrestha, Ramesh Hamal, Jeevan Amgain and Ambika Lamichhane also applied for the post. As soon as the new process started, the applications of all the 12 candidates who had applied earlier to become the chairman of the board were rejected. Now they will have to re-apply.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The board is without leadership after the dismissal of Bhishma Dhungana following allegations of his involvement in the share purchase scam of Sarbottam Cement.</span></span></span></p>
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$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
