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By Our Reporter 

The Special Court has slapped the biggest amount of fine with a jail sentence of nine years to the then three officials of the Tax Settlement Commission.

Special Court on Tuesday announced a 9-year jail sentence and a fine of Rs. 4.1 billion against the then director general of the Inland Revenue Department (IRD) Chuda Mani Sharma, the then chairman of the Tax Settlement Commission Lumba Dhwaj Mahat and member of the commission Umesh Prasad Dhakal.

The court has sentenced Mahat to nine years and one month and the other two to nine years. But it has slapped a fine of Rs. 4.10 billion on each.

The bench of Chairman of the Special Court Judge Srikanta Paudel, and Judges Yamuna Bhattarai and Shaligram Koirala had found them guilty in a corruption case filed by the Commission for Investigation of Abuse of Authority (CIAA).

They were charged for illegally providing a tax discount which incurred a loss of over Rs. 6 billion by violating the jurisdiction of the commission.