In response to an article by The Bhutanese on a 1.5% commission deal made in 2010 amounting to Nu 240 mn for Bhutan Ventures Trading (BVT) owned by Sangay Wangchuk, the Opposition party Druk Phuensum Tshogpa (DPT) said it had no role in the issue. This was issued through a …
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 »Largest ever Bhutanese athletes contingent joins 17th Asian Games
His Royal Highness, Prince Dasho Jigyel Ugyen Wangchuck, representative of His Majesty and President of Bhutan Olympic Committee is at Incheon, South Korea along with the 16 Bhutanese athletes and eight coaches for the 17th Asian Games. The 16 athletes which is the largest group from Bhutan at a major …
Read More »As DPT goes to court Dasho Benji says he will fight for the Fundamental Right of Expression
The first preliminary hearing of the libel case filed by Opposition party Druk Phuensum Tshogpa (DPT) against the Deputy Minister and Special Advisor to the National Environment Commission, Dasho Paljor J. Dorji, also known as Dasho Benji, was held on September 25. This was after the DPT on September 9th …
Read More »RBP anti-drug drive finds increasing number of youth selling and abusing drugs
The latest report on the drive against drug abuse and trafficking conducted by the Royal Bhutan Police (RBP) found that the youth are increasingly getting involved in the illegal business of drugs and its abuse. Starting from December last year, a total of 562 people have been arrested till date …
Read More »Rbp anti-drug drive finds increasing number of youth selling and abusing drugs
The latest report on the drive against drug abuse and trafficking conducted by the Royal Bhutan Police (RBP) found that the youth are increasingly getting involved in the illegal business of drugs and its abuse. Starting from December last year, a total of 562 people have been arrested till date …
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 »
The Bhutanese Leading the way.