KATHMANDU, DECEMBER 5
A meeting of the top leaders of the ruling alliance was held at the Prime Minister's official residence in Baluwatar.
The Prime Minister's Secretariat stated that the meeting focused on the recent share deal of the telecommunications company Ncell.
Prime Minister and CPN (Maoist Centre) Chair Pushpa Kamal Dahal, Nepali Congress President Sher Bahadur Deuba, CPN (Unified Socialist) Chair Madhav Kumar Nepal, Deputy Prime Minister Narayan Kaji Shrestha, the Finance Minister, the Minister for Law, the Minister for Communications and Information Technology, and other leaders of the ruling alliance are present at the meeting.
It is reported that the Malaysian company 'Axiata Group Berhad' has decided to sell 80 percent of Ncell's shares to Spectrlite UK Limited, a company based in the UK.
Questions have been raised from different walks of life regarding the legitimacy and transparency of the business deal as it was agreed upon without informing the regulatory body."