Kathmandu. KATHMANDU: Nepal Investment Mega Bank (NIBL) has paid Rs 3.06 crore as salary allowance to the Chief Executive Officer (CEO) of Nepal Investment Mega Bank in the last fiscal year.

In the last fiscal year, the bank paid Rs 1,60,76,000 as salary, Rs 1,07,17,000 as allowance, Rs 22.33 lakh as Dashain allowance and Rs 16.08 lakh as provident fund.

The bank pays water, electricity and telephone charges to the CEO as per the bill.

The CEO has been given a driver, fuel and maintenance vehicles. According to the Bonus Act, bonus, life insurance, medical insurance and accident insurance are provided. Similarly, the bank has provided 3 security guards to the CEO. The state has received 39 percent tax on this salary.

In the last fiscal year, the bank paid Rs 18.57 lakh as allowance to its directors. The bank provides Rs 15,000 to the chairman and Rs 12,000 to the director.

The bank has provided a total meeting allowance of Rs 2,25,000 to the chairman of the board of directors. Similarly, 50 liters of fuel is provided monthly. Apart from this, the Chairman of the Board of Directors will be entitled to the actual cost of telephone, mobile and newspapers.

The company provides Rs 16,32,000 as meeting allowance and other facilities received by other members of the board of directors and 50 liters of fuel per month.

The bank has left the shareholders’ hands empty. This time there is no dividend.