PAC seeks clarification on Ncell’s share sale

KATHMANDU: The Public Accounts Committee (PAC) of the House of Representatives has expressed keen interest in the recent sale of shares of Ncell, a private telecommunications service provider. In a development, the Committee dispatched letters to entities including the Internal Revenue Department, Company Registrar’s Office, and Nepal Telecommunication Authority, formally requesting official information pertaining to […]

सम्बन्धित सामग्री

NTA chairman Purushottam Khanal resigns

His resignation came following controversies over the procurement of Mobile Device Management System, Teramocs, and Ncell’s share sale including tax disputes with internet service providers.

PM Dahal seeks support in intensifying anti-corruption drive

KATHMANDU: Prime Minister Pushpa Kamal Dahal Prachanda announced his commitment to intensify the anti-corruption campaign, vowing to make it even more formidable. Addressing concerns related to Ncell’s share purchase and sale, PM Dahal emphasized that the government is resolute in its pursuit of prosperity, encapsulated by a streamlined one-form slogan. Acknowledging the succession of scandals, […]

Hearing on Ncell share sale case postponed

KATHMANDU, Dec 17: The legal representatives of House of Representative member Amresh Kumar Singh, who has been awaiting for a hearing on the case against Ncell’s share sale at the Supreme Court for a week, have themselves postponed the hearing.

Hearing on Ncell share sale case postponed

KATHMANDU, Dec 17: The legal representatives of House of Representative member Amresh Kumar Singh, who has been awaiting for a hearing on the case against Ncell’s share sale at the Supreme Court for a week, have themselves postponed the hearing.

PM’s secretariat asks non-spreading of propaganda

KATHMANDU: The Personal Secretariat of Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has requested all concerned not to spread propaganda relating to Ncell’s share sale without factual evidence. The Secretariat has also objected to the misleading information about the implication of the Secretariat and the Prime Minister in the Ncell case. The Prime Minister’s Press Advisor […]

Ncell’s tale unraveled: Axiata’s sale or sham?

KATHMANDU: The enigma surrounding the Ncell case has captured the public’s curiosity, delving into the intricate details of the apparent shift in ownership. Before we explore the depths of Ncell’s tumultuous journey, let’s scrutinize the crucial 6-page ‘share purchase agreement’ inked between Malaysian conglomerate Axiata and Singaporean citizen Satishlal Acharya on December 1. Axiata previously […]

Nepali leaders are also involved in Ncell’s share sale : Dr. Amresh Kumar Singh

KATHMANDU: Independent lawmaker at the House of Representatives Dr. Amresh Kumar Singh made startling claims regarding the sale of Ncell’s shares, alleging the involvement of Nepali political figures to prevent the telecom giant from falling under government ownership. During a press conference in Kathmandu on Sunday, lawmaker Singh asserted that the dealings involving Ncell, slated […]