Government to Investigate Ncell Shares Transaction

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Government to Investigate Ncell Shares Transaction


December 5: A meeting of ruling coalition partners convened by Prime Minister Pushpa Kamal Dahal 'Prachanda'  has decided to launch a thorough investigation into the sale and purchase of shares in the private telecommunications company, Ncell.

The gathering held at the Prime Minister's residence in Baluwatar on Tuesday evening decided that the government will take swift action to investigate the matter. A forthcoming Cabinet meeting will be tasked with making the necessary arrangements for this inquiry.

Rekha Sharma, Minister for Communications and Information Technology and the government spokesperson, disclosed that a high-level investigation committee will be established during the next cabinet meeting to ascertain the facts surrounding the acquisition and divestiture of Ncell shares.

Minister Sharma denied any involvement of top leaders from the coalition parties in the case. She asserted, "If top leaders were implicated, there would be no investigation. The government is resolute in upholding the rule of law and safeguarding national interests."

Prime Minister Dahal, Nepali Congress President Sher Bahadur Deuba, CPN (Unified Socialist) Chair Madhav Kumar Nepal, Deputy Prime Minister and Home Minister Narayan Kaji Shrestha, Finance Minister Dr. Prakash Sharan Mahat, and Communications Minister Sharma, among others, were present in the meeting.


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