The Royal Monetary Authority  said it has completed its inspection involving a client of the Bank of Bhutan (BoB)and the findings indicate that the incident is the result of fundamental gaps in governance, risk oversight, internal controls, and change management practices. RMA said the matter cannot and must not be …

The main question in the Bank of Bhutan (BoB) account case is how around Nu 1.5 billion (bn) was credited to the account of the businessman, who then used Nu 191 mn for paying loans, a land transaction and for paying suppliers. According to a source, it took around two …

The patient at the heart of the MRI scanning and brain surgery controversy that led to neurosurgeon Dr Sonam Jamtsho submitting his resignation passed away on 12th  March 2026. The 70-year-old patient, Chandra Maya Ghalley, underwent a total of six brain surgeries and passed away finally due to a multi-drug …

The cabinet has given clearance to explore doing the 768 MW Punatsangchu III project with the JSW Group of India. The location of the project is just below the current 1,020 MW P II site and it can go up to 900 MW  once the Detailed Project Report (DPR) is …

When the government gave the last fuel subsidy of Nu 16 per liter of diesel on 21st March, it was expected to cost around Nu 5 million (mn) a day, and Nu 1 billion (bn) was kept aside till 30th June 2026. From the introduction of the National Fuel Price …

More details have emerged in the Yarab Consultancy case, in which 49 people were reportedly cheated out of Nu 38 million (mn) between September 2023 and July 2025. The Royal Bhutan Police (RBP) received the first complaint on 9th July 2025, from a participant in a Canadian work program. On …

NFPSF to enable collection of buffer fund once oil prices come down The government, on 21st March 2026, announced the creation of the National Fuel Price Smoothening Framework (NFPSF), which provides a subsidy of Nu 16 per liter of diesel, bringing down the price from Nu 108 per liter to …

The Royal Bhutan Police (RBP) is investigating the bank glitch case as a possible larceny case after detaining the businessman who received around Nu 1.5 billion in his account and used Nu 191 mn for paying loans, land transaction and paying suppliers. Depending on its investigation, RBP is looking at …

The Office of the Attorney General (OAG) is considering charging Sandeep Rai Chamling with online gambling and tax evasion in court. The RBP investigation listed seven probable charges against Sandeep, which are online gambling, misleading advertising, tampering with documents, money laundering, larceny by deception, fronting, and tax evasion. The OAG …

From 16th March 2026 onwards there was a major hike in petrol and diesel prices as petrol increased from Nu 63.29 per liter in Thimphu to Nu 85.30 and diesel increased from Nu 70.18 to a whopping Nu 108.17. Given the war in Iran and the shut down of the …