Himalayan News Service

Kathmandu, June 5:

Employees have protested the proposed rules and regulations of the Nepal Bank Limited (NBL) management. They have accused the management of doing nothing against corruption in the bank. Premal Kumar Khanal, secretary general of NBL Employees Union, disclosed to The Himalayan Times that employees have come out strongly against the management, as it could not reform the bank. “Earlier, the management sacked Krishna Kumar Thapa of Biratnagar branch for illegal lending,” he said, adding that the board after his appeal let him go without any punishment.” Khanal said, “As per the contract law, if the management could not perform, it should be penalised. But the concerned authority is least bothered. Despite Rs 700 million expenses annually, reform process is not satisfactory.” The employees have submitted a memorandum to the management today against the proposed rules and regulations. The proposed employees’ rules and regulations has, according to the press release, “compulsory retirement scheme — for those who complete 30 years of service and who hasn’t got promotion for more than 15 years — and a provision that could ban trade unions.”