Ex-secretary, three others charged over alleged Nepal Trust land lease scam

Summary

Four defendants including ex-secretary Arjun Karki have been charged over fraud allegations in the lease of Nepal Trust land in Durbarmarg to Thamserku Trekking Pvt Ltd.

Key Points
  • A case has been filed against former secretary Arjun Karki and others over alleged fraud in leasing Nepal Trust land in Durbarmarg.
  • Thamserku Trekking Pvt Ltd leased the land for 30 years under disputed terms allegedly causing financial harm to Nepal Trust.
  • Prosecutors claim the fraudulent agreement altered the lease value from the original proposal, with a claimed loss of Rs4.86 billion.
  • Former secretaries and company officials have been arrested, and the case stems from decisions made since 2014.
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