The Bhutanese Leading the way.
When the Bhutan Venture Trading’s (BVT) letter to Bharat Heavy Electricals Limited (BHEL) agreeing to a commission for Punatsangchu II (P II) and Mangdechu came out, virtually all senior officials associated with the process denied having any knowledge of it. Although no allegation was made by this paper, even then …
Read More »ACC’s final Lhakhang Karpo report has abuse of function, bribery, embezzlement and misuse
The Anti-Corruption Commission’s (ACC) final report submitted to the Office of the Attorney General has a host of charges against those involved in the Lhakhang Karpo construction. ACC had done a two-year investigation from October 2012 to April 2014 after receiving an anonymous complaint. The former Haa Dzongda, and now …
Read More »BHEL issues an unsigned rejoinder, high in volume and low on facts
The Bharat Heavy Electricals Limited (BHEL), in an unsigned letter with no letter head and no senior official’s name attached to it, accused The Bhutanese of some factual errors in its article, “Indian Journal uncovers a 1.5% commission deal worth Nu 240 mn for a Bhutanese citizen in the Nu …
Read More »Govt to look into the various aspects of the BHEL and BVT 1.5% commission deal
The government short of committing to an investigation has said that it will look into various aspects of the 1.5% commission agreed to be paid by an Indian government owned company Bharat Heavy Electricals Limited (BHEL) to a private company Bhutan Ventures Trading (BVT) owned by Sangay Wangchuk. The commission …
Read More »Indian journal uncovers a 1.5% ‘commission’ deal worth Nu 240 mn for a Bhutanese citizen in the Nu 16 bn electro-mechanical equipment tenders awarded for Punatsangchu II and Mangdechu
An Indian journal on sustainable energy and power, “ENERTIA” – in its monthly September issue has come out with a news article alleging improper payment or ‘commission’ made by Bharat Heavy Electricals Limited (BHEL) to a local Bhutanese company called Bhutan Ventures Trading (BVT) for a hydro project tender. The …
Read More »BCCI comes up with a way forward plan for the private sector
The Bhutan Chamber for Commerce and Industry (BCCI) has come up with a comprehensive plan that aims to enhance private sector growth and competitiveness and in doing so strengthen the country’s economy. The plan titled ‘Private Sector Development The Way Forward,” charts out various areas that the government can focus …
Read More »OAG says that prosecution of Chang Ugyen is as per due process
Responding to allegations that the prosecution of Chang Ugyen was a case of political vendetta, the Office of the Attorney General (OAG) said it was not the case. The OAG in a statement said that due legal process and procedure was followed in the case. The office clarified that the …
Read More »Financial watchdog RMA dogged with its own irregularities in RAA report
The country’s Central Bank, the Royal Monetary Authority, tasked with minding the health and transparency of the financial sector has not been good at monitoring its own finances and functions according to a Royal Audit Authority (RAA) report. The RAA report which covers a period from 1st July 2008 to …
Read More »ACC forwards Lhakhang Karpo case to OAG
The Anti Corruption Commi s s ion (ACC) forwarded the Lhakhang Karpo case to the Office of the Attorney General (OAG) for prosecution on, 17th September, Thursday. Both ACC and the OAG were tight lipped about the case and despite several attempts they declined to share a copy of the …
Read More »Lowest bidder files ACC complaint after MoWHS tender committee ignores MoF letter to follow tender rules
In what is turning out to be a tale of two ministries having different interpretations of tender rules, the Ministry of Works and Human Settlement (MoWHS) has ignored a letter from the Ministry of Finance (MoF) urging it to follow tender rules in awarding a bid for a multi-million road …
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