NewBiz Report
KATHMANDU, August 13
A complaint has been filed against Kulman Ghising, Managing Director of Nepal Electricity Authority (NEA), at the Commission for the Investigation of Abuse of Authority (CIAA) on Tuesday.
Ramesh Prasad Kharel of the Anti-Corruption Network lodged the complaint, alleging Ghising of several irregularities and requesting a thorough investigation.
Ghising has been accused of committing fraud in Power Purchase Agreements (PPAs), purchasing of shares worth Rs 550 million at Rs 90 million to evade capital gains, and falsifying profits of NEA, among others, causing huge financial losses to the state.
The complaint mentions that Ghising has been involved in questionable activities since his appointment at the NEA.
Kharel claimed that he has been carrying out an independent investigation on the matter for a year.