Cover Story

LDT project under House panel probe

Stalled for years for want of transparency in investment, the project got a green light after Lama became LDT Vice-chair on 6 Aug 2023

Pratik Ghimire

Jan. 30, 2024, 10:25 p.m.

The Public Account Committee of the House of Representatives has started investigating the decision of the Lumbini Development Trust (LDT) to lease Gautam Buddha’s ossuary mausoleum located in Ramgram of Nawalparasi district, bypassing the public procurement regulations. The committee wrote to the Ministry of Culture, Tourism and Civil Aviation (MoCTCA) and LDT on Tuesday “to provide all the documents related to this matter within seven days”.

The committee has specifically sought to know as to why LDT initiated the lease process despite a disagreement in writing on the part of the Ministry of Finance, MoCTCA and the Department of Archeology.

Ignoring the public procurement regulations, LDT has inked a deal with the Moksha Foundation and the Promised Land Pvt Ltd for the excavation and construction of structures, including stupas, within Gautam Buddha’s ossuary mausoleum in Ramgram. It has been revealed that LDT Vice-chair Lharkyal Lama initiated the Rs 7bn project despite objections from various authorities.

According to the terms of the agreement, the excavation of the ossuary and the construction of the stupa, Buddhist monasteries and other structures representing different countries will take place in Ramgram.

“To facilitate this, approximately 116 bighas of private land, 75 kathas of land owned by the Trust, and 10 kathas of land owned by the Department of Archaeology will be integrated and leased to the private company,” the agreement states.

Per the agreement, LDT will be responsible for acquiring the land from locals, while Moksha Foundation will conduct land pooling and the Promised Land Pvt Ltd will manage it.

Nikesh Adhikari, the owner of the Promised Land, is the son of Sharada Prasad Adhikari, the landlord of Prime Minister Pushpa Kamal Dahal’s Khumaltar-based residence.

The project had reportedly remained stalled for years due to a lack of transparency in investment. It eventually got the green light after Lama assumed the position of LDT Vice-chair on 6 Aug 2023.