Monday, February 9th, 2026

Govt freezes bank accounts of two sugarcane mills



KATHMANDU: The Ministry of Culture, Tourism and Civil Aviation has, in a letter, instructed Nepal Rastra Bank to freeze all bank accounts of the operators of Annapurna Sugar Mill and Lumbini Sugar Mill failing to pay outstanding dues to sugarcane farmers.

The accounts of both the mill operators have been consequently frozen.

It should be noted that the owners of the mills had committed that they would clear all dues by Tuesday i.e. on January 21 following an agreement with the agitating sugarcane farmers and the government.

The government has also directed the Department of Revenue Investigation to investigate the transactions of the two sugar mills.

Publish Date : 22 January 2020 19:19 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

HoR election: Over 10.9 million ballot papers printed for FPTP category

KATHMANDU: The Election Commission (EC) has informed that over 10.9

Only NCP supports Gen-Z movement demands: Prachanda

KATHMANDU: Youth leaders of the Joint Gen-Z Movement met with

Egg prices drop sharply; new per-crate rates announced

CHITWAN: Egg prices have dropped sharply, with the Nepal Layers

Minister Aryal stresses social amity and co-existence

KATHMANDU: Minister for Home Affairs Om Prakash Aryal said the