THE ILLUSION OF TRANSPARENCY: Why the NPC VC’s Resignation Doesn’t Change the SEBON Conflict of Interest
By now, you’ve probably heard that Dr. Gunakar Bhatta, the newly appointed Vice Chairman of the National Planning Commission (NPC), resigned as the coordinator of the SEBON Chairman Selection Committee. He cited a "conflict of interest" because his own brother, Dr. Gopal Prasad Bhatta, applied for the job.
They want us to applaud this as a victory for "good governance." But let's look past the smoke and mirrors.
The Reality Check:
Yes, the VC stepped down from the committee. But his brother is still in the final Top 4 shortlist. The final interviews are happening this Friday. If his brother is selected, one family will still heavily influence the nation's highest planning body (NPC) and the apex stock market regulator (SEBON).
The History They Want You to Forget:
This isn't just a sudden, unexpected family coincidence. There is a deep track record here.
Back when Dr. Gunakar Bhatta was an Executive Director at Nepal Rastra Bank (NRB) and the Chief Editor of the Nepal Economic Review, guess whose paper he approved and published in Volume 32, No. 2? His brother’s, Dr. Gopal Prasad Bhatta.
Why this paper trail matters:
1️⃣ The Public Payout: Getting a paper approved in that NRB journal triggers a NPR 30,000 cash payout funded by taxpayers.
2️⃣ The Pattern: A pattern of mutual benefit and institutional backing has existed between them for years.
Stepping down from a committee is a smart tactical move to quiet the critics, but it doesn't change the ultimate destination: nepotism by design.
The public isn't blind anymore. We see the history, we see the receipts, and we are watching what happens this Friday. Share this to keep the pressure on!}
The link is below https://www.nrb.org.np/economic-review/year-2020-volume-32-2/
Click on Editorial Board to view his name.