Around four complaints have been filed with Competition and Consumer Affairs Authority (CCAA) against Sandeep Rai Chamling of PandoraBiz for the Sandeep Rai Chamling (SRC) Mentorship Plan that claimed to teach crypto trading and help earn crypto currency, but complainants say that they instead lost their money and did not …
Read More »Fears for Tala dam structural integrity as overtopping continues for a week
As overtopping continues on the 1,020 MW Tala Dam, which is Bhutan’s cash cow and a key source of revenue, there are now serious concerns on the dam stability and its equipment. How the overtopping happened On 4th October Saturday night, as heavy rains lashed across Bhutan, a Tala dam …
Read More »9 lawyers refuse to take Chandrika’s case
Chandrika Tamang of CDK Design House has been seeking legal advice and representation over the last one month on her idea and proposal of Bhutan Fashion Week (BFW) being appropriated by the Royal Textile Academy (RTA) and the Department of Media, Creative Industry and Intellectual Property (DoMCIIP), however, so far, …
Read More »ESP monitoring to be strengthened
RAA also doing a performance audit on ESP With growing controversy surrounding the ongoing Economic Stimulus Plan (ESP), the ESP Steering Committee has decided to strengthen and enhance monitoring of the various ESP programs including the Concessional Credit Line. A senior official said that the ESP Steering Committee used to …
Read More »Major difference in promised ESP and what was finally implemented
During the 2023/24 General Elections, there is a PDP campaign video of the PDP President, Dasho Tshering Tobgay, talking about the proposed Economic Stimulus Plan (ESP) to a small Zomdu. He asks the audience how the nation’s economy will recover, and gives the answer himself saying, through the ESP. Dasho …
Read More »The corruption test in ESP
With claims and counter claims, a few things will decide whether corruption has occurred in the Economic Stimulus Plan’s (ESP) Nu 3 billion (bn) Concessional Credit loans given at 4 percent. The only agency that has the legal right and statutory authority to investigate allegations of corruption in Bhutan is …
Read More »Will not hesitate to remove any minister if there was any intervention in ESP: PM
The Prime Minister, Dasho Tshering Tobgay, commented on the public controversy over the Economic Stimulus Plan (ESP) loan issues during the monthly meet-the-press on friday. He said he had informed the new Indian Ambassador to Bhutan about the ESP controversy, noting that the issue reflects the program’s popularity and the …
Read More »More allegations on ESP loans and an in depth look at them
An anonymous account called ‘Drukpa Dorje’ has been creating a flutter online with detailed posts on loans taken under the Economic Stimulus Plan (ESP). Ordinarily, The Bhutanese would ignore anonymous posts without any proof, but the Opposition Party and the Government both asked the Anti-Corruption Commission (ACC) to investigate allegations …
Read More »Where did the ESP loans go and how?
A common online critique and allegation against the Economic Stimulus Plan (ESP) concessional credit loan these days is that it has primarily benefitted the rich and well-connected, and those with already big businesses compared to ordinary farmers and struggling people in need of the loan. The Bhutanese decided to take …
Read More »Bhutanese high end vehicles caught in Kerala
Second-hand high-end Bhutanese cars have made the headlines in Indian news, particularly in the Indian state of Kerala after a raid by the Customs Preventive Wing on 23rd September across 30 locations in Kerala, including at the homes of some famous actors. The raid uncovered around 39 high-end second-hand Bhutanese …
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The Bhutanese Leading the way.