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PM Dahal in touch with Ncell for past 15 years

KATHMANDU, Dec 12: The current Prime Minister Pushpa Kamal Dahal's connection and contact with the operating partners of private telecommunications had blossomed when he became the country’s PM for the first time, leading the government formed after the election of the first Constituent Assembly. Addressing a gathering of journalists close to the CPN (Maoist Center) on Monday, PM Dahal said that he had learned about the Ncell share sale while in Dubai and formed a committee to investigate it upon returning home.

Disputed Ncell deal sparks debates and protests

Axiata s Ncell exit smacks of intention to evade capital gains tax - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

KATHMANDU, Dec 4: Axiata has carried out opaque transactions while selling the 80 percent stake it owned in Ncell. The shares were sold at a low price with the aim of evading taxes without informing the regulatory authorities of Nepal. Stakeholders have said that there was an attempt to evade capital gains tax in the purchase and sale of Ncell in 2016, and even now they are trying to evade revenue by buying and selling shares in an opaque manner.

Axiata agrees Nepalese exit with sale of Ncell

Axiata agrees Nepalese exit with sale of Ncell
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