The Nepal Weekly 
June 10, 2025
The Commission for the Investigation of Abuse of Authority (CIAA) has filed a corruption case against five people, including the former chairman of Nepal Bank Limited, Dr Chandra Bahadur Adhikari, for allegedly receiving bribe worth nearly Rs. 2 million to approve a commercial loan worth Rs 1.75 billion through a middleman.
According to the charge sheet filed Monday at the Special Court in Kathmandu, Dr Adhikari promised to assist in processing the loan for a Rupandehi based hotel project and demanded a bribe of Rs. 1.9 million from the businessman.
The loan process was underway for Rs 1.77 billion from Nepal Bank for the Radisson Hotel project to be operated by ‘Bhusal Hospitality’ in Siddharthanagar-1, Belahiya, Rupandehi.
The CIAA stated that during this process, chairman Adhikari maintained continuous contact via WhatsApp with Bhusal Hospitality’s chairman, Balkrishna Bhusal, and his son Ankit.
Claiming to facilitate the loan, Dr Adhikari, in collusion with an Indian citizen named Khusnasib Ansari aka ‘Lucky’ demanded a bribe. After the demand on September 15, 2024, the Bhusal side provided the money in two installments, according to the CIAA.
The first installment was a check worth Rs 700,000. The remaining Rs 1.2 million was transferred from Amrit Bhusal’s account at Everest Bank to the account of a company named ‘Ananya Enterprises’ at Citizens Bank. The entire Rs 1.9 million collected through different means was routed to Dr Adhikari via the middleman Ansari, revealed CIAA through an investigation.
In January 2025, the CIAA raiding Adhikari’s house recovered evidence confirming the bribery transaction.
The CIAA has sought action against all five accused under the Anti-Corruption Act for their involvement in the bribery.
