Auditor General's Office Directs Immediate Recovery of Rs 237.78 Million in Royalty

Kathmandu. The Office of the Auditor General has directed the immediate recovery of royalty amounting to Rs 237.78 million obtained from mines and mineral substances.According to the 63rd annual report of the Office of the Auditor General, it has been found that royalty for excavation has not been paid for more than one year and excavation has been done in excess of the permitted quantity. It has been asked to recover the amount of royalty rate for ordinary stone at Rs 25 per cubic meter, along with a 30 percent fine and 10 percent local development fee as per rules.As...