Nepal | October 22, 2020

NOC ex-chief out on Rs 25-million bail

Himalayan News Service
Share Now:

Photo: THT

Kathmandu, February 12

The Special Court has released former managing director of Nepal Oil Corporation (NOC), who has been charged with embezzling a huge sum during his tenure, on bail today.

The bench of Chairman Babu Ram Regmi and members Pramod Kumar Shrestha and Narayan Prasad Pokhrel of the Special Court today released former managing director of NOC, Gopal Bahadur Khadka after he posted a bail of Rs 25 million, Bhim Kumar Shrestha, court registrar said.

Earlier on January 7, the Commission for the Investigation of Abuse of Authority had filed a corruption case against Khadka at the Special Court on the charge of amassing illegal property worth more than Rs 180.66 million during his tenure at NOC.

The CIAA had sought confiscation of Rs 70 million appropriated by Khadka to his acquaintances. The anti-graft body had also made his wife Sharmila and another woman, Amita Lama Sodemba, defendants in the case. The CIAA stated that Khadka’s valid income was Rs 86,469,751 but his expenditure and investment was worth Rs 273,075,380.

The CIAA had also sought additional sentence against Khadka as per Section 24 of the Prevention of Corruption Act, as he was a special class employee.

The CIAA had found that Khadka had misappropriated funds in the land acquisition deal of NOC for the construction of oil storage facilities across the country, especially in Chitwan, Rupandehi, Sarlahi and Jhapa.

Under the supervision of Khadka, NOC was found to have purchased plots of land at much higher prices than the prevalent market rates. In fact, NOC paid up to four times more for plots in these areas compared to the government valuation of the said plots.

Since his appointment to the top post at NOC in January 2015, Khadka had been involved in several controversies. He was accused of awarding petroleum supply licence to a controversial private company — Birat Petroleum — when the country was witnessing acute fuel shortage following border obstructions in 2015-16.
He was also accused of arbitrarily distributing licences to open fuel stations across the country.

The government had sacked Khadka from the post of NOC managing director on 18 September 2017 after he was accused of these irregularities. However, Khadka moved the Supreme Court against the government’s decision to sack him but tendered his resignation on June 7 following criticism from several quarters.


A version of this article appears in print on February 13, 2019 of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

In Pictures: President Bhandari inaugurates restored Rani Pokhari

KATHMANDU: President Bidya Devi Bhandari today inaugurated the restored Rani Pokhari, an important cultural heritage which lies at the heart of Kathmandu. During the inauguration programme, President Bhandari stated that reconstruction of Rani Pokhari was an important step towards the conservatio Read More...

Government’s decision to charge for COVID test, treatment draws flak

KATHMANDU, OCTOBER 21 The government’s decision not to provide free COV- ID-19 test and treatment to everybody has drawn flak from constitutional, legal and health experts. The government has decided to foot the COVID test and treatment cost of only the poor, helpless, single women, differen Read More...

Nepal Telecommunications Authority alerts subscribers to disinformation

KATHMANDU, OCTOBER 21 The Nepal Telecommunications Authority has appealed to all telecommunication subscribers of the country to be aware of the false and misleading information doing the rounds of late. Issuing a notice here today, the country’s telecommunications regulatory body stated tha Read More...

President Bidhya Devi Bhandari inaugurates Ranipokhari

KATHMANDU, OCTOBER 21 President Bidhya Devi Bhandari today inaugurated the historic Ranipokhari and the temple at the middle of the pond. The 2015 earthquakes had reduced the temple to rubble. President Bhandari was accompanied by Prime Minister KP Sharma Oli at the function today. Both th Read More...

National Examinations Board (NEB) Nepal

Grade XII exams from November 24

KATHMANDU, OCTOBER 21 The National Examination Board, which has been authorised by the government to conduct examinations of Grade XII, has finally published the notice about conducting the examinations from November 24 to December 1. The NEB devising the new protocol to hold the examination h Read More...

Teku’s Radha Krishna temple restored

KATHMANDU, OCTOBER 21 UNESCO, in collaboration with the Department of Archaeology, has completed rebuilding of the shikhara-style Radha Krishna temple located at the confluence of the holy Bagmati and Bishnumati rivers at Teku, Kathmandu. To mark the completion, Jeev Nyas Puja, a ritual to Read More...

Traffic lights functional in 24 thoroughfares in valley

KATHMANDU, OCTOBER 21 Metropolitan Traffic Police Division today said traffic lights had been brought back into operation in various thoroughfares of Kathmandu valley. According to MTPD, traffic lights have been brought into operation at Singha Durbar, Padmodaya, New Baneshwor, Putalisadak, Su Read More...

EDITORIAL: The heat’s on

When the country is having to import rice worth billions of rupees annually, declining output due to droughts and other reasons is worrisome With precipitation far above average across the country, this monsoon was an extremely wet one. Or so we thought. But parts of the country were subjected to s Read More...