Kathmandu,14 Feb 2015: Nepal has been elected as the member of the Managing Board of the 46-member Asian Organisation Supreme Audit Institutions (ASOSAI) in the election held Friday in Kuala Lumpur, the capital of Malaysia.
This is the first time that Nepal has been elected to the ASOSAI after two of its previous attempts resulted in a loss. The election is held every three years for a three-year term.
A three-member delegation led by Auditor General Bhanu Prasad Acharya had represented Nepal in the meeting of the ASOSAI, according to Nepali Ambassador to Malaysia Dr Niranjan Mansingh Basnyat.
The four-day meeting was inaugurated last Tuesday by Prime Minister of Malaysia Dato SeriÂ Nazib Tun Razak.
The ASOSAI is one of the regional groups of the International Organisation of Supreme Audit Institutions (INTOSAI) and its main objective is to promote and develop cooperation among its members and to share best practices, experiences and studies. ASOSAI also provides facilities for training and continuing education for government auditors with a view to improving institutional quality and performance.