A record breaking 5831 % return is being provided to shareholders Jigme Mining Corporation Limited (JMCL) which managed the Chunaikhola Dolomite mine from 2005 to 2020 is set to liquidate its company by distributing its bid money war chest of Nu 1.2 bn to its shareholders. In addition, it will …
Read More »SMCL gets around double the price for Dolomite compared to its predecessor
The State Mining Corporation Limited (SMCL) took charge of the Chunaikhola Dolomite mines from Jigme Mining Corporation Limited (JMCL) in September 2020 and started operations from 7th November 2020. It did not have the right to sell until 9th January 2021 as SMCL has to wait for JMCL to clear …
Read More »Allegations of massive corruption worth billions in SMCL’s sale of Gypsum to Nepal
A complainant has sent The Bhutanese a copy of his complaint letter to the Anti Corruption Commission (ACC) alleging large scale corruption in the sale of Gypsum to Nepal from the State Mining Corporation Limited’s (SMCL) Pemagatshel mines and also in its transportation from the Samdrupjongkhar SMCL depot to Nepal …
Read More »Corruption alleged in transport of SMCL’s Gypsum from Bhutan to Nepal
In a complainant’s letter to the Anti Corruption Commission (ACC) alleging large scale corruption in the sale of Gypsum to Nepal from the State Mining Corporation Limited’s (SMCL) Pemagatshel mines (see main story on pg 1) one important and related aspect is also alleged corruption in its transportation from Bhutan …
Read More »Supreme Court accepts ACC’s appeal in JPLP case despite OAG not appealing
The day of 29th August 2019 witnessed high drama between the Anti Corruption Commission (ACC) and the Office of the Attorney General (OAG) over the Jatan Prasad Lal Prasad (JPLP) tax evasion case. Prior to this the ACC had sent two reminders to the OAG to appeal the case. Two …
Read More »ACC Commission with only one Commissioner had turned down NC’s letter on BIMSTEC SG issue in 2020
In 2015 the same ACC had taken a different stance to another similar letter On 18th September 2020 the National Council had sent a letter to the Anti Corruption Commission (ACC) to validate if there were any contraventions of sections 54, 58 and 63 of the ACC Act (ACAB) over …
Read More »The story behind the criminal conspiracy
The Bhutanese, over the week, was contacted by a source with information on the case pertaining to the detention of the Supreme Court Judge Kuenlay Tshering, Pemagatshel Drangpon Yeshey Dorji, RBG Commandant Brigadier Thinley Tobgye and Khandu Wangmo also known as Bumden Khandu Wangmo. The source, who is an ordinary …
Read More »Barrage option means Nu 4.85 bn in stabilization works and chunk of Nu 23 bn in dam works is a waste
With the current Punatsangchu I dam site is likely to be abandoned with a barrage upstream being proposed by a third party foreign expert, it raises a question over the tremendous wastage in works and funds at the current dam site. Since the start of the construction of the project, …
Read More »Supreme Court Judge and former RBG Commandant accused of trying to frame the COO in a fake case
Case chargesheeted to Thimphu District Court today Yesterday evening, after office hours were over, the Royal Bhutan Police detained the Supreme Court Judge Kuenlay Tshering (Elephant Bench or Bench 1) and Pemagatshel Dzongkhag Drangpon Yeshey Dorji. Judge Kuenlay was detained from his home. This was following the earlier detention of …
Read More »Lyonchhen shares his personal thoughts on the two Royal Kashos
The Prime Minister has already welcomed the two Royal Kashos and on behalf of the government has committed to help implement and follow it unconditionally. He said these are lifetime and nation transforming opportunities (story on pg 1). Apart from that the Prime Minister shared some of his personal observations …
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