World News | Court Grants Bail to Ex-PM Madhav Nepal in Land Misappropriation Case
Get latest articles and stories on World at LatestLY. A Nepalese court on Wednesday ordered the release of former prime minister Madhav Nepal against a bail bond of NRs 3.5 million in a land misappropriation case linked to Patanjali Yogpeeth.
Kathmandu, Jun 25 (PTI) A Nepalese court on Wednesday ordered the release of former prime minister Madhav Nepal against a bail bond of NRs 3.5 million in a land misappropriation case linked to Patanjali Yogpeeth.
Madhav, the Chairman of the Communist Party of Nepal (Unified Socialist), was present in a special court to present his arguments relating to the land misappropriation case.
The court ordered that he can leave after depositing the Nepalese Rs 3.5 million bail amount, a court official said.
Earlier this month, the Commission for the Investigation of Abuse of Authority (CIAA) filed a case at a special court against him and 93 others for their alleged involvement in the Patanjali land deal case.
The CIAA alleged that Patanjali Yogpeeth, an Indian conglomerate, had purchased land in the Kavrepalanchok district under land ceiling exemption.
However, the land, acquired under government concession, was sold off with Cabinet-level approval during Madhav's tenure as Prime Minister in 2009.
In a statement, Patanjali said it had purchased the land through due process as per the laws of Nepal.
"Patanjali has not acquired any government land. It is unfair to drag our name into local political vendetta proceedings," it said.
Madhav, a sitting member of parliament, lost his parliamentary position automatically after the filing of the chargesheet.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)