KATHMANDU, SEPTEMBER 27

The Special Court today released former director general of the Inland Revenue Department Chudamani Sharma after he posted a bail of Rs 5 million, according to Special Court Registrar Ashok Chhetri.

Sharma has been accused of embezzling Rs 1 billion while acting as member secretary of the Tax Settlement Commission.

A division bench of judges Abdul Aziz Musalman and Justice Nityananda Pandey had sought a bail of Rs 5 million from Sharma, observing that Sharma appeared to have waived taxes of some businesses and prima facie it did not appear that he was innocent.

The CIAA had, on June 23, filed a corruption case against three persons, including Sharma, at the Special Court.

Earlier, Sharma was under investigation for amassing property disproportionate to his sources of income.

The anti-graft body has accused Sharma of making taxpayers submit less than the actual amount, causing loss to the government.

The anti-graft body, which has also named erstwhile chairman of TSC Lumba Dhwaj Mahat and erstwhile member of TSC Umesh Prasad Dhakal defendants, accused them of making taxpayers submit less than the actual amount, causing loss to the government. Yesterday, they also posted a bail of Rs 5 million each.

A version of this article appears in the print on September 28 2021, of The Himalayan Times.