Tuesday, March 11th, 2025

There was irregularity in Nepal Trust land leasing to Yeti Group: Financial Comptroller’s report


21 August 2021  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: The Office of the Financial Comptroller has ruled that there was irregularity in leasing 2792 ropanis of land of the Nepal Trust in Gokarna to the Yeti group.

Stating that the country has incurred a loss by leasing without competition and without re-evaluating the land the Financial Comptroller has recommended to re-evaluate the land and put it on lease. The then government led by KP Oli has been accused of committing corruption by leasing land at a price far below the market price.

With six years left in the lease period, a year and a half ago, the government had leased the Trust’s land to a resort run by the Yeti Group for another 25 years.

Publish Date : 21 August 2021 19:41 PM

Today’s news in a nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Supreme Court should work to enhance public trust on judiciary: President Poudel

KATHMANDU: President Ram Chandra Poudel has said that the Supreme

Agriculture Ministry consulted for upcoming annual budget

KATHMANDU: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel

Socialist Front to hold protest rally in Kathmandu on March 28

KATHMANDU: The Socialist Front has announced a protest rally and

President calls for strengthening parliamentary accountability

KATHMANDU: President Ram Chandra Paudel has stressed the need for