The Bhutanese Leading the way.
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 …
Read More »Home Ministry working on safety rules for archery ranges
In response to a question at the monthly ‘Meet the Press,’ the Home Minister, Lyonpo Damcho Dorji said that his ministry is working on some safety guidelines and rules for archery ranges. The Prime Minister, Lyonchhen Tshering Tobgay said that while archery was a national sport and in the ‘DNA’ …
Read More »Bringing Tourism to the East
The government’s East Development Initiative (EDI) which aims to bring about economic development in the six eastern Dzongkhags of Lhuentse, Mongar, Trashigang, Trashiyangtse, Pemagatshel and Samdrup Jongkhar will also be relying on bringing Tourists to the East in much larger numbers. To do this, the report says that the Department …
Read More »Eastern Development Initiative identifies 3 Regional Growth Centers in the East
The Eastern Development Initiative (EDI) identified and prioritized Kanglung, Nganglam and Gyalpoizhing as the regional growth centers based on multi-criteria analysis which include poverty rate, rural-urban migration, land, spatial location, water, existing strategic infrastructure, economic base and potential for growth, environment, social impacts and impact on agriculture land. The EDI …
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