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  • Rs 6.59 billion embezzled in wide body purchase, claims PAC chief

    Kathmandu, November 25

    Nepali Congress lawmaker and the chairman of Public Accounts Committee in the House of Representatives, Bharat Kumar Shah, has claimed Rs 6.59 billion has been embezzled in the purchase of two wide body aircraft for the country’s national flag carrier, Nepal Airlines Corporation.

    Shah presented a five-page document during the Committee’s meeting on Sunday, raising questions against government authorities including the NAC and the Ministry of Culture, Tourism and Civil Aviation.

    The state spent Rs 24 billion to purchase the aircraft, but more than 25 per cent of the spending was embezzled, according to him.

    “Businesspersons say that the manufacturing company gives 10 per cent commission to the procurer,” he asks, “But, where is the commission of Rs 2.4 billion that the NAC got?”

    He has urged the Corporation to answer the questions.

    Another parliamentary committee on Friday had formed a three-member panel to probe suspected irregularities.

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