The Finance Committee of the Legislature-Parliament has formed a probe committee to investigate into the alleged financial irregularities in purchasing the land of the Nepal Oil Corporation (NOC).

The Committee meeting held today constituted a panel headed by Lawmaker Abdul Rajjak.

Sarswati Bajimaya, Ichchharaj Tamang, Nardevi Pun, Srijana Taramu and Ramesh Prasad Kurmi are in the probe panel.

The media reports claimed that the NOC officials have involved in multi millions irregularities while purchasing land plots in Jhapa, Sarlahi, Bhairahawa and Chitwan districts for the fuel storage.

During the meeting, Chairman of NOC Board of Directors Prem Kumar Rai shared about the policy on land procurement while NOC Managing Director Gopal Bahadur Khadka claimed that decision to purchase the land was as per the law.

President of the Consumers' Welfare Protection Forum Jyoti Baniya stated that thousands of rupees have been misappropriated while purchasing the land for the NOC and demanded action against the accused.

At the meeting, lawmakers accused the NOC leadership of pushing ahead the process to purchase land while saying the value cost was beyond the market value. They also demanded action against the accused.

Likewise, the meeting also discussed the report of misappropriation of fund during the sale of land of the Agricultural Development Bank.

Chief Executive Officer of the Bank Lila Prakash Sitaula refuted the accusation. RSS