Patan High Court begins hearing on writ petition against controversial Ncell deal

Published On: December 7, 2023 02:00 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Nov 7: The hearing of the writ petition filed against Ncell has started today in Patan High Court. A single bench of Judge Purushottam Prasad Dhakal has started the hearing on the case.

On Wednesday, a writ petition was filed at Patan High Court against Axiata and local directors and managers for sharing capital gains tax of Rs 53.20 billion allocated to the government after Ncell's previous Swedish investor, Telia Sonera left Nepal.

A case has been registered against Ncell's current investor Axiata and the owner and manager of Sunivera Capital Ventures, which is considered to be a local partner. The writ petitioner has claimed that the deal involves embezzlement of foreign currency and money laundering.

Gokul Bahadur Rokaya has filed a writ in the Patan High Court stating that the amount deposited in Telia's account for the purpose of paying taxes was not brought to Nepal but shared among themselves in Singapore challenging international law.

In the writ petition, it has been mentioned that the deal made by Axiata and Satish Lal Acharya is the biggest financial offense in the history of Nepal and it has made a huge embezzlement of national property.


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