Wednesday, August 19th, 2026

Sharma & Company chair arrested over alleged abandonment of government contracts



KATHMANDU: Ramesh Sharma, chair of the well-known construction company Sharma & Company, has been arrested on charges of abandoning government contract projects.

He was taken into custody on Monday by a team from the Kathmandu Valley Crime Investigation Office.

According to officials, Sharma was detained following correspondence from the Ministry of Urban Development.

Senior Superintendent of Police Santosh Khadka, chief of the Crime Investigation Office, said Sharma has been handed over to the Ministry of Urban Development for further proceedings.

Publish Date : 11 May 2026 15:56 PM

NC decides to withdraw support from Koshi govt

BIRATNAGAR: The Nepali Congress (NC) parliamentary party in Koshi Province

Trump delays new Canada tariffs for three days as trade deal nears

WASHINGTON DC: US President Donald Trump has postponed the introduction

Energy Ministry prepares to reduce electricity tariff

KATHMANDU: The government has intensified preparations to reduce electricity tariffs

Lamichhane instructs RSP MPs to show restraint in Parliament

KATHMANDU: Rastriya Swatantra Party (RSP) Chair Rabi Lamichhane has called on

Nepali scientist Adhikari honored in US

KATHMANDU: Nepali scientist Dr. Shiva Prasad Adhikari has been honored