Graft case filed against Nepal Telecom MD Pahadi

The Commission for the Investigation of Abuse of Authority (CIAA) today filed corruption cases  at the Special Court against 18 individuals, including Nepal Telecom's then Managing Director Sunil Poudel and then Chief Business Officer (incumbent Managing Director) Sangeeta Pahadi. 

CIAA spokesperson Rajendra Kumar Poudel said that a case has been filed against them alleging irregularities in the billing of services including Nepal Telecom's GSM mobile, fiber internet, leased line, wire line, and wireless due to the illegal purchase and sales. The CIAA has argued that there was bad faith in the purchase of related equipment and also the misappropriation of public assets.

The CIAA filed a case against the then Managing Director of Telecom Sunil Poudel, Managing Director Pahadi, then Chief Technical Officer Pratibha Shrestha, and Financial Officer Rajendra Shrestha, claiming recouping Rs 334. 81 million from them all.

Similarly, a case has been filed against the then Chief Operating Officer Jhabindra Lal Upadhyay, then Director Binita Shrestha, Acting Director Amul Pradhan, Manager Devendra Khatiwada, Deputy Manager Rajiv Kumar KC, Santosh Kumar Shrestha, Nawal Chaudhary, Mukti Prasad Aryal, Hemprabha Rampratap Karna, and Paramatma Bhattarai, claiming recouping Rs 334. 81 million from them all. 

The Commission has stated that a claim for compensation amounting to Rs 334. 81 million has been made against three Chinese companies supplying goods and their representatives based in Nepal.

The CIAA claimed that a five-year agreement had been reached for an integrated billing system with the aim of causing losses to public corporations through mutual collusion. The Commission's spokesperson Poudel informed that a lawsuit has been filed today demanding action according to the loss and damages caused to Nepal Telecom.

 

Nepse plunges by 11. 06 points on Sunday

The Nepal Stock Exchange (NEPSE) plunged by 11. 06 points to close at 2, 629. 89 points on Sunday.

The sensitive index, however, surged by 2. 05 points to close at 449. 27 points.

A total of 19,992,181-unit shares of 313 companies were traded for Rs 9. 13 billion.

Meanwhile,  River Falls Power Limited (RFPL) and Pure Energy Limited (PURE) were the top gainers today with their price surging by 9. 99 percent.

Likewise, Om Megashree Pharmaceuticals Limited (OMPL) was the top loser as its price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 38 trillion.

 

2 killed, 35 injured in Dang passenger bus, school bus collision

Two persons died and 35 others were injured when a commuter bus and a school bus collided with each other at Bakhariya in Tulsipur Sub-Metropolitan City-14, Dang on Sunday.

Surya Rana, spokesperson at the Area Police Office, Tulsipur, informed that the deceased have been identified as Narayan Bhandari (25) and Shanta Khadka Chaudhary of Dangisharan Rural Municipality-1.

The incident occurred when the bus (Na 4 Kha 4009) heading towards Tulsipur from Goltakuri collided head-on with the school bus (Ra 1 Ka 870) belonging to Gyanjyoti Boarding School today.

After the collision, the bus fell some 500 meters down the road, the Area Police Office, Tulsipur informed.

All the injured have been taken to Rapti Provincial Hospital, Tulsipur for treatment.

Police said that they are looking into the case.

 

Nepal man arrested in Hyderabad for killing lover, stuffing her body in travel bag

A 30-year-old Nepali national has been arrested in Hyderabad for allegedly murdering his live-in partner, also from Nepal, stuffing her body into a travel bag, and dumping it in a deserted area, India Today reported.

The incident came to light on June 4 when the body of 33-year-old Tara Bohra was discovered in a travel bag abandoned near a residential area in Bachupally in Hyderabad.