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Home Government

CIB files case over Rs 6.34 billion Nepal Trust land irregularity

himalaya Diary News Service by himalaya Diary News Service
December 19, 2025
in Government, Kathmandu, Nepal
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CIB files case over Rs 6.34 billion Nepal Trust land irregularity
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The Central Investigation Bureau (CIB) has filed its investigation report concerning financial misconduct in the leasing of Nepal Trust land at Durbarmarg. The bureau has recommended prosecuting former secretary Arjun Bahadur Karki, Lekh Bahadur Karki, and Lhakpa Sonam Sherpa of Thamserku Trekking. According to the findings, the state suffered a loss of Rs 6.341 billion due to a collusive agreement signed on May 28, 2017. The report seeks a five-year prison sentence for the accused, citing offenses related to criminal breach of trust and fraud, after the prime property was leased at heavily undervalued rates for a 33-year period.

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