Over Rs 205 million embezzled in Nepal Television’s satellite bandwidth purchase
Summary
A report by the Ministry of Information and Communications reveals over Rs 205 million embezzlement in Nepal Television's satellite bandwidth purchase involving procurement violations and poor contract decisions.
Key Points
- An investigation committee found financial irregularities exceeding Rs 205 million in Nepal Television's satellite bandwidth procurement.
- The report highlights violations of the Public Procurement Act, including lack of competitive bidding and pre-service payments.
- Systemic failures traced back to 2012 included technically disqualified bidders and disregard of tax obligations.
- Recommendations include legal action against Nepal Television's board members and management responsible for the misdeeds.
