Former PM Bhattarai ‘concerned’ over Ncell’s suspicious share transactions

KATHMANDU: Former Prime Minister and Nepal Samajbadi Party Chairman Dr. Baburam Bhattarai has voiced concerns regarding the buying and selling of Ncell shares. Dr. Bhattarai took to Twitter on Monday to express views on the share transactions involving Ncell. In his tweet, Bhattarai pointed out that the Ncell share transaction case signals underlying issues and […]

सम्बन्धित सामग्री

Ncell faces over a billion rupees in liabilities

KATHMANDU: In the murky case surrounding share transactions, the controversial telecommunications company Ncell is confronting financial liabilities exceeding a billion rupees. Ncell, which missed the May 28 deadline for its five-year telecommunication service license renewal fee, is now embroiled in a lawsuit, with significant financial obligations including the renewal fee. Government investigations into Ncell’s share […]

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.

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 […]

Ncell’s share transaction is irregular and fraudulent: Agni Sapkota

BHAKTAPUR: CPN-Maoist Center spokesperson Agni Prasad Sapkota has raised concerns over the suspicious nature of Ncell’s recent share transactions, labeling them as irregular and potentially fraudulent. Speaking at an interaction program in Bhaktapur, Sapkota emphasized the urgent need for a comprehensive government investigation into the matter, asserting that any wrongdoing should be met with decisive […]

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 […]

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 […]