Stories By 'Rajesh Khanal'
Controversial Nepal Oil Corporation (NOC) Managing Director Gopal Bahadur Khadka has moved to buy additional land in Chitwan despite still facing embezzlement charges in earlier land deals that recently led to his being fired from his post.
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In a major turn of events, the Supreme Court on Sunday reinstated Gopal Bahadur Khadka, who has been charged of embezzling over Rs800 million in land purchase deals, to the post of managing director of Nepal Oil Corporation (NOC).
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The Ministry of Supplies (MoS) has submitted a final report on the controversial land purchase deals of the Nepal Oil Corporation (NOC) to the Prime Minister’s Office (PMO), recommending action against Gopal Bahadur Khadka, chief of the state-owned oil monopoly.
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Demand for heavy construction equipment has gone up along with increased construction activities across the country. Infrastructure projects like hydropower, airport, road and irrigation, among others, are being implemented all over.
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The government is mulling to resurrect National Trading Limited (NTL) instead of merging the defunct state-owned enterprise with Nepal Oil Corporation (NOC) as per an earlier decision.
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A sub-committee under the parliamentary Bill Committee has concluded that Nepal Oil Corporation (NOC) violated procedure when buying land to build fuel storage plants.
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