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Nepal's Only Billionaire Investigated In Alleged Land Grab Case

Nepal's Only Billionaire Investigated In Alleged Land Grab Case

NDTV
Wednesday, March 20, 2024 06:58:24 PM UTC

Binod Chaudhary, a lawmaker from the Nepali Congress in the lower house of the Nepal Federal Parliament, is being investigated for allegedly privatizing land belonging to the Bansbari Shoe Factory, a government entity.

Nepal's only billionaire, Binod Chaudhary, is under the lens of the Central Investigation Bureau (CIB) in connection with a government land-grab case. The matter came to light after CIB wrote a letter to Nepal's House Speaker, informing him of their ongoing investigation.

Mr Chaudhary, a lawmaker from the Nepali Congress in the lower house of the Nepal Federal Parliament, is being investigated for allegedly privatizing land belonging to the Bansbari Shoe Factory, a government entity.

Hobindra Bogati, a senior officer at CIB, submitted a letter at the Parliament Secretariat informing House Speaker Dev Raj Ghimire about the investigation against the lawmaker in the land embezzlement case.

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