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RID heist


Revenue Investigation Officials unearthed what they said was a scam involving raw materials import when they discovered a container supposed to contain copper scrap actually made up of construction aggregates. Biratnagar's Hulas Wire Industries ordered the Rs 6 million consignment from the Philippines which arrived in Nepal via Calcutta. The government questioned Mahendra Golchha about the consignment and fixed a Rs 18.3 million bail for his release. On Monday Golchha denied any wrongdoing and said that it would be more useful to investigate the international suppliers. His group had actually told the government as soon as it found out about the anomaly, Golchha said. Business delegations met Prime Minister Sher Bahadur Deuba to protest Golchha's arrest, and insiders said one-sided media coverage after the incident showed business rivalry could be behind the incident.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


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