Kathmandu: The authorities at the CIAA interrogated Piyush Bahadur Amatya for the second time at the instigation of the Irish management of the Nepal Bank Limited.
Mr. Amatya is the Chairman of the Fulbari Resorts, Pokhara.
He is being harassed. He is mentally tortured. He has become the first victim of the whimsical stance taken by the Irish management of the NBL at the instigation of some rotten eggs controlling the finance sector of the country within and outside the bank.
The fact is that the NBL foreign management choose Amatya to penalize his inability to repay the loans on time forgetting that he is not the one to do so in the crowd of the many but there were scores of most infamous notorious guys who owe astronomical amounts of the Bank and yet exhibit their total neglect to pay back the loans of the said bank.
But then why Amatya became the victim? Is the question that is being asked by the informed citizenry in the country.
Needless to say, the entire business community has taken Mr. Amatya being wrongly handled by the NBL as a clear affront to their prestige and apparently have vowed to retaliate to the NBL unjustifiable stance at an opportune moment.
The fact is that many a businessmen have opted not to transact with the country’s oldest bank on this account fearing that the foreign management might treat them as well much the same way they did with a serious and honest Nepali industrialist.
Mr. Amatya was summoned last Wednesday at the CIAA and the authorities there interrogated him on the preliminary issues regarding the loans.
The fact is that not only Amatya but a host of others who happen to be in this tourism related business have been hard hit by the slump seen in this sector specially after the IA814 hijack in Kathmandu that followed with the violent activities of the Maoists insurgency.
“Needless to say, Amatya’s Fulbari Resorts felt the impact of all the country’s ailments put together”, said an industrialist who maintains that the Bank which should have allowed comfortable time to Amatya to settle his transactions opted to resort to means that are generally considered to be unfair and illogical.
Not very surprisingly then, a few local enthusiasts engaged in the legal sector opted to push a writ petition at the nation’s apex court demanding that the Bank be freed from the foreign management. The writ petitioners contend that the installation of the new Irish management in the NBL runs contra to the laws of the land.
The fact is that the Nepal Rastra bank which allowed the entry of the Irish people to take over the Bank’s management did so apparently concluding that Nepal lacked personalities who could look over their own financial institutions. The fact is just the other wise.
The petition has also demanded that the agreement thus reached in between the NRB and the Irish management is made null and void.
The court is yet to give its verdict.
Mr. Amatya has been summoned early next month at the CIAA.